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Business
1 min read
US Navy shipbuilder Austal USA agrees to pay $24 million to settle accounting fraud probe
Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud investigation, the U.S. Department of Justice announced Tuesday.
Business
1 min read
Super Micro Computer falls as short-seller Hindenburg Research accuses the AI darling of 'accounting manipulation'
Hindenburg said an investigation found "glaring red flags" even after the SEC charged the company with accounting violations in 2020.
Business
1 min read
BF Borgers prosecuted in Canada for unlicensed, unregistered audit work
Lakewood, Colorado-based BF Borgers CPA PC and its owner Ben Borgers have been prosecuted by CPA Ontario, the regulatory body that licenses and oversees chartered professional accountants and firms in the province, with offenses including performing the ...
Business
1 min read
Winnipeg-based legal, accounting online marketplace Vexxit to shutter
The Winnipeg Free Press would like to show you notifications for breaking news and noteworthy local journalism ... encouraging individual and small businesses to source legal and accounting services in a virtual environment. *No charge for 4 weeks then ...
Business
1 min read
Canada's two biggest railways shut down after labour talks fail
Canada’s two biggest railways, accounting for almost 80 per cent of the national network, shut down early Thursday after talks with a union failed, immediately blocking arteries of North American supply chains that carry about $1 billion per day in trade.
Business
1 min read
B.C. auditor general cites two ‘significant errors’ in government’s final accounts
VICTORIA - The office of British Columbia's auditor general says he found two "significant errors" in the New Democrat government's year-end public financial statements, but the Ministry of Finance sa
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