Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. While any change is often disruptive, the FASB and analysts noted that the adjustments ultimately aim to make accounting and...
The fallout from an accounting scandal at Nissan Motor is expected to impact down the company’s supply chain, according to S&P Global reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Regional lender in Japan, Suruga Bank, apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property investment scheme, adding to the list of corporate scandals plaguing the country, reports in Bloomberg said. Get the Full Story...
Japanese corporations have been hit with a slew of scandals as of late, from accounting schemes to coverups and falsified data. Some experts believe these troubles are ready to culminate in Japanese corporate reform. Get the Full Story Complete the form to unlock this article...
