Big Move by a credit reporting giant

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

Credit rating giant TransUnion is buying Neustar, an identity resolution company for $3.1 Billion in cash. Questions: When is the deal expected to close? How much is Neustar expected to generate in 2021? What is the strategic benefit of Neustar for TransUnion? Who owned Neustar going back to the 1990s and today? What part of… Read more »

KPMG’s Most Recent Fine

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to Accounting Today, KPMG faces a 15M pound fine (or $21M), for gross misconduct in the U.K. Questions: What were the name of the company and the private equity firm that relied on misstatements by KPMG? What was the name of the partner at the head of the consulting engagement? How many times did… Read more »