French prosecutors have received a report from financial investigators which
sharply criticise the French media and communications giant
Universal‘s accounting practices under former CEO Jean-Marie Messiere,
The report, which accuses Vivendi of ‘aggressive’ bookkeeping involving
‘sophisticated legal and financial engineering’ has been turned over to
financial prosecutors Henri Pons and Jean-Marie d’Huy.
Messier, forced to leave Vivendi in 2002, was fined €1m by the French stock
market regulator in 2005 for having failed to properly inform the market and
shareholders between 2000 and 2002.
The fine was reduced to €500,000 on appeal and a €1m fine for Vivendi was
reduced to €300,000.
Andrew Tyrie suggests there will not be enough time to implement Making Tax Digital (MTD) by April 2018
An accelerated entry route into CIMA for CIPFA members is launched
Grant Thornton will conduct the audit of Tern following the resignation of Jeffreys Henry
The International Accounting Standards Board (IASB) have announced that Françoise Flores will join 1 January 2017