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At its height, the German landlord had a market cap of €3.4 billion; after a series of scandals, it is now worth just €74 million.
June 29 -
Three former executives engaged in improper revenue recognition practices that inflated the company's earnings.
June 29 -
The U.S. Small Business Administration disbursed up to $200 billion in potentially fraudulent EIDL and PPP funds, but that amount was disputed in a separate report by the SBA itself.
June 28 -
The former president's daughter won dismissal from the suit when a state appeals court ruled that the claims against her were too old.
June 28 -
The professional services firm is freezing pay bands for auditors at the senior associate level.
June 28 -
The seven-country search could plunge the troubled German landlord deeper into crisis.
June 28 -
Companies that buy offsets from the voluntary market now have guidelines to inform what they can and can't claim about the credits.
June 28 -
The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.
June 27 -
Why accountants should prioritize nonfinancials in business valuations
June 27Capitaliz -
The board wants to address the greater use of technology by auditors, especially when it comes to analyzing information in electronic format.
June 26