Tag Archives: auditors

Were Groupon's and Overstock's Management and Auditors Stupid or Did They Condone Improper Accounting Practices?

Back on August 24, 2011, accounting professors J. Edward Ketz and Anthony H. Catanach Jr., reported in their blog that Groupon (planned ticker symbol: GRPN) violated Generally Accepted Accounting Principles (GAAP) in reporting its revenues and recommended that it restate … Continue reading

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Contracts for personal and related services questioned by the State Comptroller's auditors

Contracts for personal and related services questioned by the State Comptroller's auditorsSource: Office of the State Comptroller New York State Comptroller Thomas P. DiNapoli reports that during the period April 1, 2006 through December 21, 2009, the Office of Temporary … Continue reading

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