How To Approach Claims Of Financial Statement Manipulation

Law360, New York (November 23, 2016, 9:55 AM EST) -- Michael Braverman

Christopher Ekimoff When a company announces that it is restating its financial statements, questions quickly arise as to how and why this occurred: Was it due to an error (i.e., mistake), or was there a deliberate attempt to deceive investors and users of its financial statements and perhaps enrich officers' own pockets? Despite the issuance of numerous rules and changes in standards over the past 15 years aimed at curbing fraudulent reporting (not to mention the number of related high-profile cases), accounting irregularities persist....
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.