Former Autonomy exec convicted of accounting fraud in disastrous $10b HP merger

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Former Autonomy exec convicted of accounting fraud in disastrous $10b HP merger

The former chief financial officer of Autonomy Corp was found guilty of orchestrating an accounting fraud to arrive at the $US10.3 billion price Hewlett-Packard paid for the UK software maker more than six years ago. A jury voted to convict Sushovan Hussain on Monday on all 16 counts of wire and
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State hires accounting firm to review medical marijuana cultivator scoring process

The Ohio Department of Commerce has hired accounting giant EY to do a “deep dive” into the disputed scoring process for medical marijuana cultivator licenses. Just a week or so into the job, the former Ernst & Young helped the agency respond to a possible new scoring error flagged by state auditors.
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Noble to adopt more conservative accounting practices

Noble Group will try to match its profit and loss statement with its cash flow as much as possible, said chairman Paul Brough yesterday. He also said he was optimistic that the group would soon reach a consensus with perpetual bond holders and shareholders on its restructuring. He told the group's
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Michael Wolfe named Curling Faculty Fellow of Accounting and Information Systems

The Curling Fellowship in Accounting and Information Systems was established in 2008 through a gift from Doug C. Curling, who earned bachelor's and master's degrees in accounting from Virginia Tech.
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Morgan Stanley Plans to Boost Junior Banker Pay as Much as 25%

Morgan Stanley plans to raise some salaries and offer quicker promotions as part of its years-long push to improve conditions for junior bankers, according to people familiar with the matter. Base salaries for most associates in investment banking and capital markets will rise by 20 percent to 25 percent,
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