article thumbnail

SEC subpoenas CSX over years of accounting errors

Accounting Today

The commission is focused on accounting errors the railroad had previously disclosed and certain non-financial performance metrics.

article thumbnail

Super Micro plunges on news of accounting probe

Accounting Today

A short-seller report that questioned the company's accounting practices triggered a Department of Justice investigation.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nominee Directors for Corporate Finance Advisory Services in Singapore: What You Need to Know

Counto

Nominee Directors for Corporate Finance Advisory Services in Singapore: What You Need to Know As a small business owner in Singapore, understanding the role of nominee directors is essential for ensuring compliance with regulations governing corporate finance advisory services.

article thumbnail

Autodesk execs ignored accounting risks, documents show

Accounting Today

The company continued to use a controversial sales strategy to meet financial targets after promising it would stop.

article thumbnail

Former ADM CFO to resign after accounting probe

Accounting Today

Luthar, who was suspended in January, will be 'available to assist the company and provide transitional support' as a non-executive employee until Sept.

article thumbnail

Derivative accounting

Accounting Tools

What is the Accounting for Derivatives? There are two key concepts in the accounting for derivatives. The essential accounting for a derivative instrument is outlined in the following bullet points: Initial recognition. Speculative activities imply that a derivative has not been paired with a hedged item.

article thumbnail

Tech news: Intuit announces Intuit Assist for QuickBooks

Accounting Today

Plus, Deloitte releases four new accelerators on Workiva marketplace; KPMG invests $100 million in Google Cloud Alliance; and other accounting tech news.