News & Updates

March 17, 2010 The Accounting Trick That Inflated the Bubble

Source:Fox Business News

You've probably seen the post-mortem in a bank examiner’s report on Lehman Brothers' inflated numbers, and how its accountant - Ernst & Young - helped rig its balance sheet by shoving bad assets off the balance sheet and...

March 17, 2010 SEC Charges Former Executives in Illegal Scheme to Enrich CEO With Perks

Source:SEC

Washington, D.C.— The Securities and Exchange Commission has charged three former senior executives and a former director of an Omaha-based database compilation company for their roles in a scheme in which the CEO funneled...[more]

March 17, 2010 Federal Home Loan Bank Sues Over Mortgage Securities

Source:BusinessWeek

The Federal Home Loan Bank of San Francisco sued nine securities dealers alleging they misled it about the credit quality and risks of loans behind $19.1 billion in private-label residential mortgage-backed securities.

March 16, 2010 Dodd’s Financial Rules Bill Dilutes Obama Plan to Seek Support

Source:BusinessWeek

Senate Banking Committee Chairman Christopher Dodd’s plan for the biggest Wall Street regulatory overhaul since the 1930s drops provisions he sought in November and dilutes others as he seeks bipartisan support.

March 15, 2010 Federal Reserve decision on interest rates is due Tuesday

Source:Los Angeles Times

The central bank is expected to keep its short-term rate near zero, so investors and analysts will scour its statement's language for subtle clues. The stock market doesn't want any surprises from the Federal Reserve's meeting...

March 12, 2010 Ernst & Young faces legal action over Lehman collapse

Source:Times Online.co.uk

Ernst & Young could face legal action after a damning report into the collapse of Lehman Brothers accused the British accountancy firm of professional negligence over a number of years before the catastrophic downfall of the 158...

March 11, 2010 SEC Adds New XBRL FAQs, More C&DI Updates

Source:Cmpliance Week

Companies and their counsel should take note: The Securities and Exchange Commission had added some new Frequently Asked Questions and updated some staff interpretations that you’ll want to take a look at.

March 9, 2010 Accountants say corruption remains major threat - Nigeria

Source:234next.com

Some finance experts in the education sector have warned that corruption and lack of good corporate governance in business organisations are a threat to national development. Soji Apampa, an Executive Director at Integrity...

March 8, 2010 XBRL : a matching challenge towards simplification

Source:EurActive

Too few finance professionals have sufficient knowledge of eXtensible Business Reporting Language (XBRL) – a tool designed for the digital communication and presentation of financial and business data – which is why FEE (The...

March 8, 2010 Senators wrestle with Fed bank oversight issues

Source:Reuters

The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday

Displaying results 1 to 10 out of 1511

<< First < Previous 1-10 11-20 21-30 31-40 41-50 51-60 61-70 Next > Last >>