According to reports at the weekend just 120 of 745 of the US’s biggest companies have so far sworn to the honesty of their financial statements ahead of the Wednesday 14 August deadline.
Companies to have filed so far include Amazon, Chevron Texaco, Dow Jones, Federal Express and Starbucks.
The demand to make the sworn statements comes from the US financial watchdog the Securities and Exchange Commission and comes as part of huge effort to restore public confidence in accounting and equity markets.
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