Dell employees accused of cookie jar accounting
Senior accountants accused of manipulating financial position
Two accountants from computer manufacturer Dell were accused of keeping
‘cookie jar’ reserves to cover shortcomings in financial performance.
Former chief accounting officer Robert Davis and former assistant controller
Randall Imhoff were accused of manipulating financial statements to meet
earnings targets in a statement released by the US Securities and Exchanges
news agency reports.
Previously the computer manufacturer paid $100m (£65m) to settle a case by
the SEC accusing it of using hidden payments from Intel Corp.