Posts Tagged: arbitration

Why is the IMF chief in court?

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

Recently, Christine Lagarde was grilled by a French court in regards to a business settlement with disgraced tycoon Bernard Tapie in 2007. Questions: 1. What is the IMF? Why was the IMF in the news in 2011? 2. What is the controversy about? Is anyone alleged to have profited from the incident? 3. What does… Read more »