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Charge over accounting scandal hits BT's profits

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Charge over accounting scandal hits BT's profits

Profits at BT took a hit after the telecoms giant took a £225m charge linked to its Italian accounting scandal. Picture: Chris Radburn/PA Wire
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BT profits dive by 40% after £225m payout over Italian scandal

BT's stock market value plunged by almost £8bn in January after the company revealed the full extent of a £530m accounting scandal at its Italian
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Professional Business Accounting Service Important For Your Enterprise

Business accounting can be defined as the process of recording, summarising and analysis of the financial transactions of an enterprise. It provides
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Amazon Profits Fall Far Short of Expectations, but Investors Shrug

Jeff Bezos, the chief executive of Amazon, was by one estimate the world's wealthiest person for a brief time on Thursday. Credit Ted S. Warren/Associated Press.
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BT posts 42% drop in pretax profit after Italian accounting scandal

In January, BT reported a £530m black hole in the accounts of its Italian business. On Friday it said that it had settled a warranty claim with Germany's
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