Topic: Corporate Accounting
Lehman report may point way for criminal charges
Reuters US Online Report Business News
WASHINGTON (Reuters) - An explosive report by a court-appointed examiner on the collapse of Lehman Brothers may prove to be a roadmap for prosecutors to bring criminal cases against the investment bank's former executives, legal experts say. The 2,200-page report could lay the groundwork for felony charges under securities ...
Bigger Bucks From Your Budget
isnare
It costs your organisation a lot in terms of time and resources for your annual budgeting exercise. Are you getting the most benefit from it, or is it only a form-filling formality initiated by finance department and begrudged by other department heads?"In preparing for battle, I have always found ...
Bristol-Myers CEO's 2009 compensation down 22 pct
AP News
2009 compensation for Bristol-Myers Squibb CEO Cornelius falls 22 percent amid recessionThe chief executive of drugmaker Bristol-Myers Squibb Co., James Cornelius, received a 2009 compensation package valued by The Associated Press at $17 million, down 22 percent from 2008, due to the much lower value of his stock awards. The ...
SEC delays plan to adopt IFRS
Reuters US Online Report Business News
WASHINGTON (Reuters) - Securities regulators on Wednesday delayed plans to allow domestic companies to use international accounting standards because it will take businesses at least four years to switch to new rules. The soonest companies could start using the International Financial Reporting Standards, or IFRS, would be in 2015 instead of ...
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