SEC investigation of Zale wraps up with no penalty

Zale Corp. will not face any penalties following the conclusion of a Securities and Exchange Commission investigation, the company said Friday. The SEC launched the investigation in October 2009 after the Dallas jewelry company said it would restate its 2008 and 2009 earnings following a review of its accounting for advertising costs. “We are glad [...]

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On November 21st, 2009, posted in: Latest News by

Audit: Errors in W.Va. election money accounting

CHARLESTON, W.Va. (AP) ? An audit shows West Virginia’s accounting of federal money it received for replacing voting machines and other election improvements contained several errors. The audit by the U.S. Election Assistance Commission’s Office of the Inspector General examined the state’s use of the funding from April 2003 to August 2009, a period spanning [...]

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On November 21st, 2009, posted in: Latest News by

Transforming the accounting profession

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On September 15th, 2009, posted in: Latest News by