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Steinhoff International Holdings NV is seeking a three-year extension on most of its 9.6 billion euros ($11.3 billion) of debt as the retailer battles to come to grips with an accounting scandal that’s wiped more than 96 percent off the share price.
May 18 -
A key figure disappeared from Apple Inc.’s latest quarterly report. It’s also gone from the regulatory filings of Netflix Inc., Microsoft Corp., Google’s Alphabet Inc. and Oracle Corp.
May 11 -
Steinhoff International Holdings NV’s shares plunged to a record low after the retailer warned of impairments beyond the 6 billion euros ($7.2 billion) reported in December and said it’s facing at least five lawsuits.
May 10 -
Lawyers for the hip-hop mogul don't want him to testify in a probe of a firm he did business with more than a decade ago.
May 8 -
Warren Buffett has warned about the “nightmare” tied to new accounting-rule changes. Now it’s beginning.
May 7 -
Wesley Bricker said the commission is keeping an eye on a number of new developments in accounting standards and financial reports.
May 3 -
With the deadline looming for private companies to comply with the new revenue recognition standard, many companies are still in the assessment stage and have yet to start the actual implementation work.
May 3PwC -
The hip-hop mogul is in hot water with Wall Street’s top regulator.
May 3 -
The American Institute of CPAs has issued the final two working drafts of guidance related to rev rec issues for various industries.
May 2 -
The company is probing a problem that was uncovered through an internal reporting system.
April 27