Your English writing platform
Discover LudwigExact(18)
As foreign accounting firms in Moscow (and everywhere else) insist, they rely on the numbers that their clients give them.
Though foreign accounting standards are stronger in some ways than American accounting principles, they are weaker in some important areas.
The S.E.C. and the Public Company Accounting Oversight Board fined the affiliate, PW India, $7.5 million in what was described as the largest American penalty ever against a foreign accounting firm.
In the first settlement of a lawsuit resulting from the collapse of the Enron Corporation two years ago, the network of foreign accounting firms once linked to Enron's auditor, Arthur Andersen, will pay $40 million, according to court papers.
Christopher Cox, the S.E.C. chairman who pushed to allow foreign accounting standards to be used as rapidly as possible, said the commission would listen to public opinions as to whether to allow American companies to choose the international rules.
[C8.] Accounting Firms Settle Enron Suit The network of foreign accounting firms once linked to Arthur Andersen, the auditor for Enron, will pay $40 million to settle a lawsuit resulting from the collapse of Enron.
Similar(42)
Why do we send foreign accounts to the corner desk?
§ 214.4 Agreements with foreign banks, bankers, or States, and participation in foreign accounts.
Businesses and foreign account holders could also try and move money to more secure countries.
(Because of various sanctions, Iran currently has some hundred billion dollars in assets locked in foreign accounts).
Mr. Roux denied that Mr. Pistorius had any active foreign accounts or a house in Italy.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com