Elsewhere, Eddie Stobart put on its brakes and suspended the trading of its shares on the back of an
accounting review which is expected to affect its earnings for the first half of the year.
Eddie Stobart suspended the trading of its shares on the back of an
accounting review.
Shares in logistics firm Eddie Stobart have been suspended this morning amid an
accounting review and the resignation of its chief executive Alex Laffey.
The advertising agency network said that following an internal
accounting review, it had set aside PS4.9m related to specific issues identified within its accounts and PS1.5m "as a conservative measure to provide for any potential further items arising".
The independent
accounting review is expected to be completed by November.
Published in The
Accounting Review, the article "CEO Behavioral Integrity, Auditor Responses, and Firm Outcomes" by Dikolli, Bill Mayew of Duke University's Fuqua School of Business, Thomas Keusch of INSEAD and Thomas Steffen of the Yale School of Management, details the novel approach to measuring integrity and the financial implications for maintaining a lacking leader.
"BioScrip concluded its previously announced management-initiated
accounting review and corrected certain immaterial errors in the Company's financial statements," said Daniel E.
"We have reported a loss as a result of the one-off accounting adjustments arising from the
accounting review. We are now focused on the future of the business and I am encouraged that our order book has held up and our pipeline is growing.
He is a certified public accountant and a certified public finance officer, and he is a past president of the Illinois Government Finance Officers Association as well as a past chair of the IGFOA's Technical
Accounting Review Committee.
Littleton, "Price and Value in Accounting,"
Accounting Review, vol.
Further Evidence." The
Accounting Review 78.3(2003): 611-639.
The greatest number of articles came from: European
Accounting Review (41); Accounting in Europe (6); International Journal of Accounting Research (5); and International Journal of Critical Accounting Research (5).
