Stanford CFO James Davis is set to appear in a Houston court to answer fraud
and conspiracy charges relating to the investment business’ alleged $7bn Ponzi
Davis will appear in court on Wednesday, after spending several months
cooperating with prosecutors, reports the
Chronicle, although no formal plea agreement is in place.
If he testified against the founder Allen Stanford he would rank alongside
other CFOs who have done the same to their bosses, such as Enron’s Andy Fastow
and WorldCom’s Scott Sullivan.
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live