Headquartered in Banbury, ISoft was plunged into crisis in 2006 after delays to the NHS contract to provide a central database of medical records, coupled with profits warnings and the discovery of accounting irregularities
had been directly involved in or aware of the accounting irregularities
Based upon its initial findings, the company believes that the accounting irregularities
do not affect the company's cash balances, the amounts invoiced to customers, cash receipts from customers, or disbursements to publishers and suppliers.
Beginning with an overview of the financial reporting environments and regulations in Hong Kong and the UK, he describes accounting irregularities
in terms of exaggerating revenue, expenses, losses, and liabilities, and in presenting financial statements.
On June 18, 2012, the Company received written notice that the Securities and Exchange Commission was investigating the accounting irregularities
, to determine whether there have been violations of the federal securities laws.
Troubled healthcare software supplier iSoft Group yesterday suspended its commercial director - one of the founders of the company - after an initial investigation found evidence of accounting irregularities
in the 2004 and 2005 financial years.
As Fannie Mae officials reel from a series of negative headlines and brace for the possibility of long-threatened legislation aimed at putting tough curbs on its activities, published reports are pointing to serious accounting irregularities
that suggest systemic problems with controls and procedures.
pdf), which found the number of times public companies restated their financial results due to accounting irregularities
rose 145% from January of 1997 through June of 2002.
told colleagues last month that he hoped he never would have to explain accounting irregularities
to securities regulators, according to internal documents turned over to Congress.
Corrpro cited pending investigations of previously reported accounting irregularities
at its Australian subsidiary and the voluntary administration proceedings filed by the Australian subsidiary as the reasons for the delayed completion of the audit of its financial statements.
The investigation is related to DGSE's April 16, 2012 disclosure that the Company's board of directors had determined the existence of certain accounting irregularities
beginning during DGSE's 2007 second calendar quarter and continuing in all subsequent periods, which could affect financial information reported since that time.
Shares in troubled medical software firm iSoft dropped nearly 20 per cent yesterday following revelations that the firm has commissioned an investigation into possible accounting irregularities