Accounting fraud

The bakery chain was rescued by an Irish private-equity firm after an accounting scandal pushed the U.K. cake baker into insolvency.

Milan prosecutors say former executives at BT Group were aware its Italian unit hid losses and inflated revenue by producing fictitious invoices.

A new survey finds 10 percent of controllers feel misrepresenting their company's performance is a regular part of their job.

The German online payments firm Wirecard AG has seen its stock plunge by more than a third in recent days on reports of accounting misdeeds.

In his 17 years as chief executive officer of Germany’s Wirecard AG, Markus Braun has gained plenty of experience fighting off skeptics and critics.

The grocer's former chief financial officer was acquitted of fraud charges, drawing into question the prosecutor’s methods.

The Securities and Exchange Commission has imposed a civil penalty on the car rental giant for misstating pretax income.

The auditor that shed clients and staff hopes to reestablish its business in the country.

Businesses are tweaking their cash flow and accruals to lower their interest rates on borrowing.

The news comes exactly a year after the disclosure of accounting irregularities and the resignation of its CEO threw the company into crisis.