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accounting scandal

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Tesco faces UK legal action over accounting scandal

03/10/2016(0)
Tesco is facing a legal action by a group of investors who claim to have lost £150m due to the supermarket’s 2014 accounting irregularities scandal. “Shareholders were misled by ... Read More
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Toshiba: Japan trunk bank sues it for $120 million over accounting scandal

26/08/2016(0)
Toshiba Corp (6502.T) said on Friday a Japanese trust bank was suing it for 12 billion yen ($119 million) for losses stemming from the company’s $1.3 billion accounting scandal ... Read More
toshiba

Toshiba shares rally on prospect of new loans

03/03/2016(0)
Toshiba shares rallied more than 10% on Thursday on reports the firm was about to secure substantial new loans for its restructuring efforts. The company is in talks with ... Read More
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Toshiba says it is not considering ending PC production

16/02/2016(0)
A Toshiba Corp said on Tuesday it was not considering withdrawing from personal-computer production and selling its Hangzhou factory in China. The comment by a Toshiba spokesman followed a ... Read More
Ernst & Young

E&Y Japan has launched an in-house investigation into its audit in relation of Toshiba Corp accounting scandal

03/08/2015(0)
The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker’s $1.2 billion accounting ... Read More
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Tesco Ends 32-Year PwC Relationship After Accounting Scandal

11/05/2015(0)
Tesco Plc ended a 32-year relationship with PricewaterhouseCoopers LLP by hiring Deloitte LLP as its new auditor, seeking to draw a line under a 263 million-pound ($406 million) accounting ... Read More
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Accounting watchdog warns retailers after Tesco scandal

08/12/2014(0)
British retailers must provide clear information to investors about their income from suppliers, the country’s accounting watchdog said on Monday as it investigates a book-keeping scandal at leading supermarket ... Read More
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Tesco boss Dave Lewis overhauls management structure amid accounting scandal

02/12/2014(0)
Tesco’s newly appointed CEO Dave Lewis has overhauled the management structure of the British retailer in the wake of an accounting scandal that led to eight managers being suspended. ... Read More
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Tesco poised to dump auditor after accounting scandal

19/11/2014(0)
Tesco could be on the verge of dumping PwC, its auditor of 31 years, over its apparent failure to identify the accounting problems that led to a black hole ... Read More
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Tesco to suspend more senior staff over £250m accounting scandal

14/10/2014(0)
Tesco is expected to suspend more senior staff as part of its ongoing investigation into a £250m black hole, according to The Independent. Five executives have already been asked ... Read More
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