Tag Archives: accounting

The 10 Best Accounting Software Solutions for Small Business

Small business owners are pressed for time. Finding the time to take care of the finances and accounting isn’t always easy. Fortunately, help is at hand with innovative accounting software designed to simplify monetary processes and requirements. Best Accounting Software for Small Business Take a look at the following 10 best accounting software programs for small businesses. Sage… Read More »

Tesco faces UK legal action over accounting scandal

Tesco is facing a legal action by a group of investors who claim to have lost £150m due to the supermarket’s 2014 accounting irregularities scandal. “Shareholders were misled by information inaccurately provided to the market with knowledge by management,” alleges Jeremy Marshall from Bentham Europe, the firm funding the claim, speaking to the BBC. Mr Marshall said the… Read More »

UK fraud agency charges three in Tesco accounting probe

Britain’s Serious Fraud Office has charged three former senior Tesco (TSCO.L) executives with fraud in its investigation into accounting practices at the country’s biggest supermarket chain. A 250 million pound overstatement of Tesco’s first-half profits in August 2014, due to booking deals with suppliers too early, led to the suspension of eight senior members of staff in the… Read More »

Target’s managing director says resignation ‘the right thing’ amid accounting issues

Target’s managing director Stuart Machin has resigned, as parent company Wesfarmers investigates claims of accounting issues in its most recent half-year results. Key points: Stuart Machin says moving on “right thing” as accounting issues happened on his watch Wesfarmers launches comprehensive investigation into accounting problems Target reportedly agreed to give suppliers additional rebates in return for higher price… Read More »