Accounting fraud

The U.K.’s accounting watchdog has imposed sanctions against Grant Thornton Ltd., and a partner at the business, for its role in the alleged accounting fraud at the Patisserie Valerie bakery chain.

Forensic accounting champion Dawn Brolin on what accountants can do to help clients detect and prevent scams.

Getting Donald Trump’s longtime chief financial officer to turn on his boss may prove tough, as Allen Weisselberg’s unlikely to get a lengthy sentence even if convicted on tax fraud and other charges.

The company settled claims that it engaged in an expense-management scheme that resulted in inflated earnings.

The ex-chief executive and two other SAEX execs pleaded guilty to fraudulently and materially inflating the company's publicly reported revenue of by tens of millions of dollars and misappropriating millions of dollars.

Even as Mike Lynch faces potential extradition to the U.S. on fraud charges, those who have stayed loyal to him are reaping the rewards.

The hospital operator’s founder said the firm enjoyed a “deep and cozy” relationship with executives at the troubled company.

The South African-Dutch-German retailer may soon release a revised proposal to resolve more than $8 billion of legal claims after a previous deal recently fell through.

The commission said the sports apparel company booked revenues earlier than it should have because it was at risk of missing analyst estimates.

A former audit partner is facing disciplinary action in the Netherlands for an improper audit prior to the South African retailer’s near collapse more than three years ago.