As Andersen partner, Philip Harlow engaged in the Sunbeam audit for the financial years 1996 and 1997. He has been barred from practising as an accountant for a public company.
Former Sunbeam chief accounting officer, Robert Gluck, and its former vice president of sales, Donald Uzzi, were each banned for violation of securities laws and paid a civil penalty of $100,000.
Harlow, Gluck and Uzzi settled charges brought against them by SEC without admitting or denying wrongdoing.
The Securities and Exchange Commission has alleged that Sunbeam booked inappropriate accounting reserves to boost income and inflated its revenue by booking future sales into earlier periods.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars