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accounting fraud

Adani cut its UK audit bill in half by dumping a Big 4 firm for a much smaller rival, filings show as scrutiny of its safeguards deepens

Mon, 02/06/2023 - 06:29

Gautam Adani sitting at a conference summit — Chairman and founder of the Adani Group Gautam Adani seen during the News18 Rising India Summit on February 25, 2019 in New Delhi, India.
Sanjeev Verma/Hindustan Times via Getty Images

Markets, MI Exclusive, adani, Gautam Adani, Adani Group, stock manipulation, Fraud

A shortage of accountants is pushing the industry to reboot its image to win over young talent: 'You have to sell them'

Thu, 02/02/2023 - 05:00

work meeting accountant — "We're the referees of business," Steven Kachelmeier, the chair of the accounting department at the University of Texas, said.
filadendron/Getty Images

Careers, Small Business, Nordic, finance, Accountant, KPMG, Accounting

Adani market cap plunge deepens to nearly $72 billion even after the conglomerate issued a 413-page rebuttal to short-seller Hindenburg

Mon, 01/30/2023 - 05:36

Gautam Adani — Gautam Adani.
Photo credit should read SAM PANTHAKY/AFP via Getty Images

Markets, MI Exclusive, Gautam Adani, Adani Group, hindenburg research, short seller, Fraud

Bill Ackman says he finds short-seller's Adani Group report 'highly credible' – and notes similarities to 'pyramid scheme' Herbalife

Fri, 01/27/2023 - 05:36

Bill Ackman — Bill Ackman has expressed his support for Hindenburg Research's report into Adani Group.
Bryan Bedder/Getty Images/The New York Times

Markets, MI Exclusive, Bill Ackman, billionaire investors, Pershing Square, Herbalife, Herbalife stock

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