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London black cabs took centre stage at the Olympics closing ceremony when five Spice Girls gyrated on top of them, but their manufacturer, Manganese Bronze, has since come crashing down to earth after discovering accounting errors estimated at £3.9m.
Westar Energy, the owner of Kansas' biggest utility, will restate first-half results, widening its net loss for the period by $98.4 million, or $1.37 a share, after discovering accounting errors.
After discovering "accounting irregularities" at CUC in April 1998, Cendant cooperated extensively with regulators to uncover the extent of the fraud -- some $500 million of false profits over three years -- in a scheme that took place for more than a decade.
After discovering accounting irregularities at iss' U.S. unit, Schmidt decided to sell it and exit the U.S. market in favor of the fragmented European market.
PG&E, parent of bankrupt utility Pacific Gas & Electric, reported a fourth-quarter profit versus a year-ago loss; it had delayed its earnings report after discovering accounting problems.
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Mr. Roberts studied records of pre-Civil War agriculture and cooking literature, discovering accounts of corn varieties that had apparently passed into extinction.
But regulators later discovered accounting irregularities that overstated the value of its assets.
He added that the delay was not the result of newly discovered accounting errors.
The bank collapsed in 2001 after regulators discovered accounting irregularities that overstated its assets.
In September, Computer Sciences said it had discovered accounting errors for taxes that might result in an additional $200 million in expenses.
In the second quarter, KeySpan discovered accounting errors at Roy Kay that inflated the unit's financial performance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com