Accounting fraud

Three former Tesco Plc executives were charged with fraud and false accounting by the U.K. Serious Fraud Office, after a multi-million dollar shortfall discovered two years ago led to a criminal investigation of the grocer’s finances.

American Realty Capital's former CFO has been charged with orchestrating an accounting fraud that overstated a key metric by roughly $13 million in 2014, according to the U.S. Attorney’s office.

The Sarbanes-Oxley provision requiring senior financial officers to adopt a code of ethics tended to reduce the number of earnings restatements by their companies, according to a new study.

The SEC gave out its second-largest whistleblower award ever to a former Monsanto financial executive .

The SEC charged California-based Enviro Board Corp.and two of its executives with using baseless financial projections and other misleading statements to defraud investors.

PricewaterhouseCoopers has reached a settlement in a multibillion-dollar lawsuit involving the 2009 collapse of Taylor Bean & Whitaker Mortgage Corp.

Executives are worried about whether their companies are doing enough to protect themselves against financial crimes such as money laundering and fraud in the wake of the release of the Panama Papers.

PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender’s bankruptcy trustee told a Miami jury on Tuesday.

ComScore Inc., the Internet and entertainment research firm, replaced its chief executive officer and chief financial officer as the board’s accounting probe dragged on into its sixth month.

The Securities and Exchange Commission has suspended EFP Rotenberg LLP and an accountant at the firm for failing to detect fraud in the audit of a public company client, ContinuityX Solutions.