|
|
31 Aug 2010
Two accountants from computer manufacturer Dell were accused of keeping ‘cookie jar’ reserves to cover shortcomings in financial performance.
Former chief accounting officer Robert Davis and former assistant controller Randall Imhoff were accused of manipulating financial statements to meet earnings targets in a statement released by the US Securities and Exchanges Commission, Reuters news agency reports.
Previously the computer manufacturer paid $100m (£65m) to settle a case by the SEC accusing it of using hidden payments from Intel Corp.
Further reading:
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment