Michael Dell, the
founder of computing group Dell, has been
drawn into the accounting debacle at the company, after it announced last week
that it would have to restate four years of financial results.
Dell returned as CEO in January, but he was chairman from 2002 through to
early 2006, when the adjustments were made. US analysts have now thrown his name
into the mix.
This follows a Dell-sponsored investigation which found that executives
routinely adjusted accounts to meet financial goals.
An internal audit by Willkie Farr & Gallagher and KPMG uncovered
adjustments to reserve and accrued-liability accounts and
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