Please ensure Javascript is enabled for purposes of website accessibility
September 26, 2023

Accounting News Roundup: SEC Probes Diageo; EY Gives Up a Fight in China; 50 Cent’s Accountant Isn’t Sure | 07.24.15

SEC Investigating Smirnoff Maker Diageo [WSJ]
Diageo has been shipping excess inventory to customers in order to boost sales, according to, "people familiar with the inquiry."

Blackstone C.F.O. Is Said to Be Headed to Airbnb [DealBook]
Hiring Laurence Tosi looks a precursor to an IPO.

EY gives up appeal over state secret ruling [SCMP]
EY will hand over audit workpapers for a Mainland company to the Hong Kong's Securities and Futures Commission after battling the request since 2009.

50 Cent’s accountant has no idea how much money he has [NYP]
Mai Pho puts it around $4.4 million, give or take a few bucks. Although, Forbes crunched some numbers and came up with $155 million.

Grant Thornton launches Latin America Business Group [GT]
The "LABG" is a joint initiative between the U.S. and several Latin American firms, "will offer clients seamless, integrated global support for complex business activities."

CFOs Less Social, Prefer E-mail [CFOJ]
Robert Half surveyed 2,200 CFOs and only 18% of them, "said they like to use online social networks to keep in touch with professional colleagues." That's down from 45% in 2012.  

Watch a Bunch of Umbrellas Bounce Down a Maryland Beach Ahead of a Storm [The Vane.Gawker]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

Funny white cat-an athlete in a yellow sports headband, lying with yellow footballs, dumbbells and a yellow alarm clock standing nearby.

Monday Morning Accounting News Brief: PwC Is Turning Work Down?; TIL the President of Nigeria Worked at Deloitte | 9.11.23

Yay it’s Monday again! Praise Pacioli, there’s actually some stuff going on this morning. Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now: Stephanie Heredia’s promotion came a year too late and more than […]

Tuesday Morning Accounting News Brief: Getting Roofied at KPMG?; PwC: ‘Burnout Should Be a Concern’ | 9.5.23

Good morning and happy Tuesday. Hope everyone had a nice Labor Day, I had a productive weekend of being AFK at Meat Week (get your minds out of the gutter, it’s Fallout). Let’s get right into it. It is suspected someone spiked a colleague’s drink at a KPMG NZ get together, it isn’t the first […]