financial-reporting

Image for Gerresheimer finds 2024 revenue-recognition issues after external probeHeadlines

Gerresheimer finds 2024 revenue-recognition issues after external probe

Image for Russia's oil and fuel export revenues fell again in September, IEA saysFinance

Russia's oil and fuel export revenues fell again in September, IEA says

Image for UK banking regulator proposes cutting some financial reporting templatesFinance

UK banking regulator proposes cutting some financial reporting templates

Image for Exclusive-Sona poised to hire Cheyne's Hill as CFO for $13.6 billion manager, source saysFinance

Exclusive-Sona poised to hire cheyne's hill as CFO for $13.6 billion manager, source says

Image for K+S posts Q2 revenue miss as sales volume falls

K+S posts Q2 revenue miss as sales volume falls

Date: August 12, 2025

(Reuters) -German salt and potash miner K+S reported second quarter revenues which were below expectations on Tuesday as sales volume at its agriculture business were affected by logistical challenges...

Image for CNH Industrial posts upbeat results, but tariffs cloud the rest of 2025

CNH industrial posts upbeat results, but tariffs cloud the rest of 2025

Date: August 1, 2025

(Reuters) -Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset...

Image for UK watchdog probes Deloitte's audits of Glencore's 2013-2020 accounts

UK watchdog probes deloitte's audits of glencore's 2013-2020 accounts

Date: July 23, 2025

(Reuters) -Britain's accounting watchdog on Wednesday said it was investigating Deloitte LLP's audits of Glencore and its division's statements for the financial years ended December 2013 to December...

Image for Volvo Cars books $1 billion impairment charge due to tariffs, launch delays

Volvo cars books $1 billion impairment charge due to tariffs, launch delays

Date: July 14, 2025

STOCKHOLM (Reuters) -Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4 billion Swedish crowns ($1.19 billion) in the second quarter, it said on Monday. ($1 = 9.6103...

Image for UK's Thames Water may be required to restate accounts, FT reports

UK's thames water may be required to restate accounts, FT reports

Date: June 20, 2025

(Reuters) -Britain's Thames Water may be required to restate its financial accounts for the year ended March 2024, the Financial Times reported on Friday, marking another potential setback for the...

Image for UK accounting watchdog fines KPMG $1.7 million for Carr’s Group audit breaches

UK accounting watchdog fines KPMG $1.7 million for carr’s group audit breaches

Date: June 12, 2025

(Reuters) -The British accounting watchdog imposed a penalty of 1.25 million pounds ($1.7 million) on audit firm KPMG LLP on Thursday as a result of an investigation into the financial audit of UK...