In a significant development, the Securities and Exchange Commission has voted to relax internal audit controls measures that were first introduced at smaller publicly listed companies in 2002, following a string of accounting scandals including one at Enron Corp. The… Read More ›
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Papa John’s International Inc replaces KPMG with EY as its auditors
This is not a routine change of financial auditors… In a development that will certainly raise eyebrows, according to a regulatory filing by Papa John’s International Inc, it has dismissed KPMG LLP as its financial auditor and has appointed Ernst… Read More ›
HSBC’s internal investigation uncovers Huawei’s financial ties to Iran and Syria
This is the first time HSBC’s internal probe has been made publicly available. As per an internal probe by HSBC Holdings PLC into Huawei Technologies’ dealings with a suspected front company in Iran found that China’s Huawei maintained close financial… Read More ›