Exxon Fraud Case Begins

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to The Earth Island Journal, New York prosecutors working for then-Attorney General Eric Schneiderman issued their first subpoenas in 2015 to Exxon, claiming that the oil giant used two sets of books and misled investors by downplaying the potential costs of carbon emissions. Next week, the case is actually coming to trial. Questions: Is… Read more »