California’s $1 Billion Accounting Software Continues to Plague Taxpayers
Nearly 15 years in, Fi$Cal remains incomplete and over budget while critics warn it could damage California’s pandemic recovery.
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accounting
Watermelon Woman
Filmmaker Cheryl Dunye accuses her onetime business partner of pocketing the revenue generated from a 20th anniversary restoration of her queer cinema classic “The Watermelon Woman” and also claim to have rights to future works Dunye might complete.
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California Auditor Blasts State’s $1 Billion Accounting Software Project
California’s rush to complete a long-awaited $1 billion accounting software project without fixing familiar problems could ultimately harm the state’s credit rating, the state auditor said Tuesday.
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Supreme Court Pauses Fight for Trump Financial Records
The Supreme Court agreed Monday to temporarily block a lower court ruling that would have required President Donald Trump’s longtime accounting firm to turn over his personal financial records to Congress.
Read moreChastened by Judge, Trump and Manhattan DA Make Deal on Subpoena Fight
A day after a federal judge told them to “sober up,” President Donald Trump and Manhattan District Attorney Cyrus Vance agreed on Thursday to a temporary hangover on subpoena enforcement.
Read morePricewaterhouse Fined $8 Million
PricewaterhouseCoopers accounting and its partner Brandon Sprinkle will pay $7.9 million to settle charges of violating auditor independence rules, the SEC said Monday.
Read moreStock Ledger ‘Mess’ Sinks Shareholder’s Bid to Control Hawk Systems
The Delaware Chancery Court shot down an investor’s attempt to take control of biometric security firm Hawk Systems Inc. amid “chaos” and allegations that the company’s former managers engaged in “rampant fraud.”
Read moreW.C. Handy
A federal judge refused to dismiss claims that the estate of “St. Louis Blues” composer W.C. Handy defamed an accountant by accusing him of dipping into company assets.
Read moreTrump Challenge to House Subpoena of Finances Hits Skeptical Circuit
A lawyer for President Donald Trump faced an uphill battle Friday in trying to secure a D.C. Circuit reversal of an order that lets the House subpoena Trump’s financial records.
Read moreJay-Z’s Roc Nation Accuses Brand Group of Fraud
Jay-Z once rapped, “I’m not a businessman, I’m a business, man!” On Friday, four companies owned by the world’s first hip-hop billionaire brought a federal complaint against a brand-licensing company he says has been cooking the books for years.
Read moreRite Aid Must Indemnify Former Exec for Fees From Decades-Old Accounting Scandal
(CN) – The Delaware Chancery Court ruled that Rite Aid Corp. must pay the legal fees of its former chief counsel after the dust settled on an accounting fraud scandal that plagued the drugstore chain 20 years ago.
Read moreJudge OKs House Oversight Subpoena of Trump Finances
A federal judge in Washington approved a congressional subpoena of President Donald Trump’s financial records Monday, rejecting Trump’s claims the demand is an invasion of privacy.
Read moreJudge Digs Into Trump Bid to Block Financial Subpoena
A federal judge is set to hear arguments Tuesday that will determine the fate of a subpoena for eight years of financial records from President Donald Trump’s longtime accountants.
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