The appeal to the SEC office of the chief accountant comes as the company faces the risk of being delisted from the Nasdaq exchange for failure to submit its interim results on time.
Gemstar and KPMG are at odds over the figures produced for the quarter ended 30 June 2002, with Gemstar’s audit committee insisting that the company needs to restate some of its earnings and KPMG disagreeing.
Gemstar’s shares have plunged 90% this year due to accounting concerns and unfavourable court rulings.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned