Toshiba

toshiba

Toshiba replaced EY with a new auditor

28/01/2016(0)
Toshiba picks PwC as auditor after accounting scandal Toshiba Corp said on Wednesday it had chosen PricewaterhouseCoopers Aarata as its auditor from the business year starting April 1, replacing ... Read More
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EY’s Japanese arm fined £11.6m by regulator over Toshiba failings

23/12/2015(0)
Japan’s financial regulator has fined EY’s Japanese affiliate ¥2.1bn (£11.6m) over the firm’s failure to identify accounting irregularities at Toshiba which meant the electronics giant overstated profits by some ... Read More
toshiba

Toshiba predicts record billions loss

21/12/2015(0)
Troubled Japanese conglomerate Toshiba has said it will report a record 550bn yen ($4.5bn) annual loss and cut 6,800 jobs as it carries out a restructuring. The company, whose ... Read More
toshiba

Japan regulator seeks punishment of Ernst-affiliate over Toshiba audit

15/12/2015(0)
A Japanese regulatory board recommended punishing an Ernst & Young affiliate after its audit of Toshiba Corp failed to spot Japan’s worst accounting scandal in four years. The Certified Public ... Read More
toshiba

Toshiba Posts Net Loss as Sales Slump to Lowest in 2 1/2 Years

14/09/2015(0)
Toshiba Corp. posted a net loss for the first quarter as sales fell to the lowest in two and a half years. The net loss was 12.3 billion yen ... Read More
toshiba

Scandal-hit Toshiba tries to draw line in sand with £207m loss

08/09/2015(0)
The accounting scandal, which broke in July, has wiped more than a third off the company’s value The electronics and industrial giant Toshiba faces a huge uphill struggle to ... Read More
toshiba

​Lessons From Toshiba: When Corporate Scandals Implicate Internal Audit

28/07/2015(0)
Last week’s high-profile resignations of CEO Hisao Tanaka and eight other Toshiba Corp. executives amid revelations of systemic and prolonged financial misstatements raise questions anew about Japan’s corporate governance ... Read More
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