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Tag: accounting

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Accounting Errors Dim Holiday Outlook for Macy’s, Other Companies

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From jolly television personality Al Roker cruising around New York City during the retailer’s annual Thanksgiving Day Parade to the Christmas classic Miracle on 34th Street, few brands have a stronger association with the holiday season th...

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Companies’ Accounting Issues Lead to Missed Filing Deadlines

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A few weeks ago, we wrote about the upheaval at Super Micro Computer, a California-based public company that builds computer servers. Amid allegations of accounting irregularities, Super Micro was dumped as a client by auditor Ernst & Y...

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Split with EY the Latest Bad News for Super Micro

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Accounting giant Ernst & Young recently took the extraordinary step of firing one of its clients, Super Micro Computer. A public filing last week by the California-based maker of computer servers revealed EY used remarkably strong langu...

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New Quality Standard Heightens Fears of Accounting Brain Drain

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Fans of Christian Wolff rejoiced earlier this year when news broke that filming had started for the latest installment of the adventures of the autistic CPA and mercenary do-gooder portrayed by Ben Affleck. Nine years after The Accountant f...

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SEC Approves Tougher Standards for Auditor Liability

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The Securities and Exchange Commission has approved a proposal from the Public Company Accounting Oversight Board intended to make it easier for the regulatory agency to hold an individual responsible when that person “directly and substant...

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