The Supreme Court upheld a nine-year prison sentence on Ko Jae-ho, former CEO of Daewoo Shipbuilding and Marine Engineering (DSME), Sunday, on charges of accounting fraud
of the Americas has reached an 11 billion yen ($92 million) out-of-court settlement in Japan with institutional investors over accounting fraud
Methodologies to Identify Financial and Accounting Fraud
organizations that reported economic crime experienced accounting fraud
Last month, the Securities & Exchange Commission (SEC) announced a new task force that will be on the lookout for companies using aggressive accounting that might suggest financial reporting or accounting fraud
MANAMA: Caterpillar, the world's largest maker of construction equipment, yesterday posted a 55 per cent drop in quarterly profit due to a charge connected with accounting fraud
at a Chinese subsidiary and weak demand among its dealers.
The companies are under investigation by the Securities and Exchange Commission for 'potential accounting fraud
against US investors'.
The Securities and Exchange Commission's focus on preventing Ponzi schemes may be detracting from the agency's focus on corporate accounting fraud
, according to a Forbes article by Francine McKenna.
Lax regulations related to executives convicted of white collar crime are a key flaw in corporate governance in Japan, Fitch Ratings says, a point highlighted by the recent arrest of Olympus executives over allegations of accounting fraud
investors for several decades, with periodic waves of accounting fraud
cases leading to substantial investor losses and overall reductions in investor confidence.
typically lasts two years from start to detection and nearly all perpetrators are first-time offenders.
The Kanebo revelation ranked as the largest accounting fraud
reported in Japan.