Followed the conclusion of a year-long audit committee investigation,
computer giant Dell has announced that it is
to restate four years of financial results.
The investigation found that unnamed ‘senior executives’ had used improper
accounting tricks to meet quarterly performance targets.
Dell’s audit committee found evidence that the balances of certain accounts’
had been ‘reviewed, sometimes at the request or with the knowledge of senior
executives, with the goal of seeking specific individuals’.
The SEC is continuing to conduct its own
investigation into the matter.
UK senior partner Phil Verity has been elected for a second term at Mazars
Tallat Mahmood appointed to corporate finance team of Top 20 firm
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes
Top Ten firm RSM has appointed Nick Blundell as its head of corporate tax in Birmingham