On Tuesday, a panel reviewing auditing processes at scandal-hit Olympus Corp said it found no violation of accounting guidelines in the handoff to the Japanese arm of Ernst & Young ERNY.UL from the previous auditor in 2009. The panel was established by Ernst & Young ShinNihon LLC for looking into criticisms of the auditing process [...]
Posts Tagged ‘Olympus’
Japan Reconsiders Boardroom Rules
November 29th, 2011 
admin Mandatory appointments of outside directors on boards of large firms would be proposed by a Japanese government panel in the hope of averting the kind of accounting scandal that has engulfed Olympus Corp. Tin the hope of averting the kind of accounting scandal that has engulfed Olympus Corp, experts said. From in.finance.yahoo.com: The British ex-CEO [...]
Posted in Reviews 
Tags: accounting scandal, acquisition payments, management style, Olympus 
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