Accounting Page: The newest news, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
A 2,200-page report by a court-appointed examiner , Anton R. Valukas, on Lehman’s collapse has plenty of criticism for various players involved with the investment bank. But some of his harshest words are reserved for Ernst & Young and the accounting maneuvers it permitted. dealbook.blogs.nytimes.com/2010/03/15/auditor-could-face-lia...
Terry, Lockridge & Dunn announces the addition of Teresa Mills, CPA, and merger of her practice. www.press-citizen.com/article/20100315/NEWS01/3150318/1079
WASHINGTON (AP) -- An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. www.newstribune.com/articles/2010/03/15/business/nt293bus08l...
WASHINGTON — Lehman Brothers was insolvent for weeks before formally declaring bankruptcy and relied on an accounting gimmick called Repo 105 for financial relief before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. www.journalinquirer.com/articles/2010/03/15/nation_and_world...
Group created by Congress last year aims to ensure better accounting of the hundreds of thousands of U.S.-provided weapons in Afghanistan. www.usatoday.com/NEWS/usaedition/2010-03-15-afghaninside15_S...
Journalists have a final week to submit entries to the inaugural Openside Accounting Journalism Awards. www.scoop.co.nz/stories/BU1003/S00366.htm
Associated Press WASHINGTON — An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young. newhavenregister.com/articles/2010/03/14/business/f2-lehman....
WASHINGTON (AP) — An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young. www.chicagotribune.com/business/sns-ap-us-lehman-legal-autop...
NEW YORK - It is the Wall Street equivalent of a coroner's report - a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal the bad investments that led to its undoing. The report, thetimes-tribune.com/news/business/report-accounting-trick-h...
A 2,200-page report by a court-appointed examiner says executives of Lehman Brothers manipulated the now-defunct company's balance sheet, using a "materially misleading" accounting trick to temporarily remove $50 billion of troubled assets www.usatoday.com/money/industries/brokerage/2010-03-12-lehma...
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