The sum is part of the $149m that the auditor last month agreed to pay to
settle lawsuits accusing it of helping former Parmalat management hide debt and
inflate results, that led to it filing for bankruptcy in December 2003.
Judge Denise Cote of the US District Court for the Southern District of New
York ordered Deloitte on Tuesday to make what she termed the ‘initial’ payment,
In exchange, Parmalat and its chief executive, Enrico Bondi, will drop claims
against Deloitte and Dianthus SpA, which operated in Italy under the Deloitte
name until July 2003.
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If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
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The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season