Accounting fraud

Chinese investigators raided the offices of Luckin Coffee Inc. as part of a multi-agency investigation into its finances, according to a person familiar with the matter, as pressure grows on the formerly high-flying coffee chain at the center of an accounting scandal.

China’s second accounting scandal in less than a week is underscoring concern over lax corporate governance at some of the country’s fastest-growing companies.

The accounting scandal at Starbucks Corp.’s biggest competitor in China triggered a rout in shares linked to the company’s chairman, wiping out most of his wealth and knocking the tycoon out of the ranks of China’s billionaires.

Three accountants share their experiences unearthing fraud.

Bernard Ebbers, the ousted chief executive officer at WorldCom Inc. whose corporate malfeasance led to imprisonment, has died. He was 78.

Wulf Matthias of Wirecard AG resigned after months of controversy over the digital payments company’s accounting practices.

The year-long review recommends a number of sweeping changes to the profession.

With 12 years left on his sentence for accounting fraud, he received a compassionate release for his failing health.

The founder of the apparel licenser allegedly inflated the company's revenue and earnings.

The Big Four firm is winning back customers and no longer bleeding staff as it rebuilds an image tarnished by a series of scandals.