Rio Tinto

19 October, 2017

Ex-Rio Tinto CEO and CFO charged with fraud over ‘inflated’ asset values

The former CEO and CFO of Rio Tinto have been charged with fraud by the US Securities and Exchange Commission (SEC), after allegedly inflating the value of its ill-fated Mozambique coal mine acquisiti...
Audit tendering

11 October, 2017

Corporates must get to grips with new accounting standards, says FRC

The implementation of critical and heavy-impact accounting standards by corporates will be a focus of attention for the financial watchdog in the coming year, alongside a need for better linking of st...

5 October, 2017

Investigation into PwC’s client asset reporting at Barclays closes

Accountancy’s watchdog has closed a three-year investigation into Barclays’ auditor PwC, after deciding there was “not a realistic prospect” of winning a tribunal. The Financial Reporting C...
Telit Communications, Oozi Cats, Telit

28 September, 2017

Telit’s governance tidy-up includes financial review and cost-cutting

An external review of finances and an ongoing search for a new chairman form part of Telit Communications’ plan to tidy up its governance affairs following the resignation of its CEO in August. I...
financial reporting, audit, accounts, accounting, stakeholder engagement

14 September, 2017

Ethics must be ‘front and centre’ as non-executives check financial reports

Non-executive directors must place ethics "front and centre" of their efforts to make sure financial reports present a true and fair view of a business, according to one of the UK’s most senior gove...
executive pay

25 January, 2017

New reporting rules on payment practices for large firms

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Financial Reporting Council, Paul George, FRC

21 October, 2016

Companies fail to acknowledge bad news

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