Reports have emerged that the chief US financial watchdog is investigating
the accounting for its property portfolio.
Street Journal story suggests that investigators from the Securities and
Exchange Commission have focused their efforts on whether the failed bank
properly marked down the value of the real estate acquired when it took over
The WSJ says that former Lehman finance chief Ian Lowitt has hired top
Other accounting policies at Lehman include the now notorious Repo 105 scheme
used to raise short term capital.
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