Interpublic, the world’s biggest marketing services company, has lost the
services of its controller and chief accounting officer.
Nicholas Cyprus resigned his post after less than two years on the job as the
company posted a loss for the fourth quarter and restated results for the first
three quarters of 2005.
The company has been struggling with operational and financial problems and
yesterday it said it would not be compliant with the disclosure provisions of
the Sarbanes-Oxley law until next year at the earliest.
Executives said the company was still grappling with the weak financial
controls that led to the present predicament.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements