UK watchdog says auditors must challenge their clients more

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UK watchdog says auditors must challenge their clients more

LONDON, July 28 (Reuters) – Accounting firms are still not always challenging properly what they are told by companies whose books they check,
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BT profits plunge in wake of overseas accounting scandal as firm shakes up senior management

BT has reported a massive drop in profit for the three months to 30 June, as it grapples with an overseas accounting scandal and regulatory changes
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First Mid-Illinois Bancshares, Inc. announces organizational changes

He served two terms on the Accounting Board of the American Bankers Association in Washington, D.C. and also served on the Eastern Illinois
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Starbucks Shutters All 379 Teavana Stores

Today's announcement that Starbucks would close its Teavana outlets (379 stores, 3,300 employees) marks the second time this year that the Mermaid has announced a course correction.
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Shell Still Thinks Canadian LNG Project Could Be a Go

Royal Dutch Shell Plc said it hasn't written off its Canadian liquefied natural gas project in Kitimat, British Columbia, yet as a global supply glut killed off a competing project earlier this week.
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