HSBC Holdings Plc has agreed to pay about $100 million in penalties to resolve a U.S. Justice Department investigation into the rigging of currency rates, part of a probe that has already led to the conviction of one of its former bankers and charges against another. As part of the deal, HSBC entered into
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On Jan.10 the Securities and Exchange Board of India (SEBI) barred PricewaterhouseCoopers (PwC), one of the “Big Four” accounting firms, from auditing India listed firms for two years for failing to spot $1.7 bln accounting fraud at IT services company Satyam Computer Services. The Satyam
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The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance. Corporation, and the Office of the Comptroller of the Currency (hereafter, the agencies) are providing supervised institutions with guidance on the accounting implications of the new tax law, which was enacted on
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Krispy Kreme is reaching out to fans to ask which new doughnut flavor is worthy of being added to the menu. (Courtesy of Krispy Kreme).
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BKD LLP, one of the largest accounting firms in the Houston area, plans to add to its employee count in the Bayou City after a recent acquisition. The firm wants to grow its employee base by about 8 to 10 percent in 2018 following the purchase of Houston-based Harper & Pearson's financial institution
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