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Accounting news, articles and information:

https://www.naturalnews.com/accounting.html

a long time ago - Accounting news, articles and information:

Three Monsanto executives accused of massive financial fraud, barred from accounting for LIFE

Concepts related to Accounting

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Accounting fraud news, articles and information:

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a long time ago - Accounting fraud news, articles and information:

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Creative accounting news, articles and information:

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a long time ago - Creative accounting news, articles and information:

Concepts related to Creative accounting

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Accounting rules news, articles and information:

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a long time ago - Accounting rules news, articles and information:

Concepts related to Accounting rules

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Recommended ResourcesCounterThink Cartoons are

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help children and ...

Pharmaceutical companies mired in Enron-style accounting, tax fraud

https://www.naturalnews.com/020480_pharma_industry_drug_companies.html

September 21, 2006 - Pharmaceutical companies mired in Enron-style accounting, tax fraud

Thursday, September 21, 2006 by: NewsTargetTags: pharmaceutical industry, drug companies, Bristol Myers SquibbWeissman points out recent cases against Bristol Myers Squibb and British pharmaceutical giant GlaxoSmithKline. BMS CEO Peter R. Dolan was fired last week over the company's dispute with a generic drug maker over the patent on the company's blockbuster drug Plavix, after violating the ...

Defense Department discovers $2B worth of ACCOUNTING ERRORS for Ukraine aid

https://www.naturalnews.com/2024-08-02-dod-finds-2b-accounting-errors-ukraine-aid.html

August 02, 2024 -

The Government Accountability Office (GAO) revealed this discovery in a July 25 report, noting that the DoD has faced challenges in accurately valuing defense articles sent to Kyiv due to unclear accounting definitions. This valuation errors applied to missiles, ammunition and other equipment, according to the report.

Last year, the Defense Department claimed that staff used "replacement value" instead of "depreciated value" to tabulate the billions in materiel ...

Three Monsanto executives accused of massive financial fraud, barred from accounting for LIFE

https://www.naturalnews.com/053255_Monsanto_executives_financial_irregularities_accounting.html

March 10, 2016 - Three Monsanto executives accused of massive financial fraud, barred from accounting for LIFE

Thursday, March 10, 2016 by: Sarah LandersTags: Monsanto executives, financial irregularities, accounting

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Obama's economic policies explained for Earthlings: Debt multiplication, the quantum multiverse and transdimensional accounting

https://www.naturalnews.com/037903_Obama_economics_multiverse.html

a long time ago - Obama's economic policies explained for Earthlings: Debt multiplication, the quantum multiverse and transdimensional accounting

If things are bad now, just give it a little more time...

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Pentagon admits to $3B “accounting error” in Ukraine aid, which means more goodies for Zelensky

https://www.naturalnews.com/2023-05-22-pentagon-admits-acccounting-error-in-ukraine-aid.html

May 22, 2023 - accounting adjustment."

"Our priority should be a Ukrainian victory over [Russian President Vladimir] Putin," he remarked. "Unilaterally altering military aid calculations is an attempt at deception and undermines this goal."

As of May 15, the U.S. has only approved $6 billion in aid for Ukraine – one-eight of the original $48 billion approved by Congress in December 2022. Getting more funding approved is difficult at the moment, due to the standoff over the ...

Forensic accounting expert: HALF of pandemic relief funds ended up in the hands of America’s ENEMIES

https://www.naturalnews.com/2023-10-26-expert-us-enemies-obtained-pandemic-relief-funds.html

October 26, 2023 -

Forensic accounting expert Linda Miller dropped this bombshell when she testified before members of Congress on Oct. 19. She read in a prepared testimony during the House Ways and Means Committee's Oversight Subcommittee hearing that up to half of pandemic relief fund money was stolen by U.S. adversaries.

"Data on this is still being evaluated, but there are some estimates that half of the pandemic unemployment assistance [money obtained through] fraud went ...

More cryptocurrency fraud? Bitcoin slides as shares of MicroStrategy slip and SEC rejects company’s accounting methods

https://www.naturalnews.com/2022-01-23-bitcoin-slides-shares-of-microstrategy-slip-sec-rejects-accounting-methods.html

January 23, 2022 -

The business intelligence software firm's stock was already declining in value along with the price of bitcoin, which also fell more than 10 percent on Friday to its lowest since August, CNBC reported. For the week, MicroStrategy's shares were off by 24.7 percent.

According to a filing released on Thursday, the SEC rejected the accounting methods that MicroStrategy was employing for bitcoin in the firm's earnings reporting.

“We note your response to prior ...

Pharmaceutical Maker Bristol-Meyers Squibb Pays $150 Million Settlement to SEC to Settle Charges of Accounting Fraud

https://www.naturalnews.com/001627_pharma_companies_Bristol-Meyers_Squibb.html

a long time ago - accounting practices are pursued, there's still, in my opinion, a giant fraud going on, and that's the marketing of prescription drugs to a population that doesn't really need drugs.What they need is good health practices through nutrition, physical exercise and avoidance of toxic food ingredients that promote chronic disease. But until our country realizes that, big drugs are big business, and big drug companies will apparently do practically anything to pocket one ...

Pharmaceutical Maker Bristol-Meyers Squibb Pays $150 Million Settlement to SEC to Settle Charges of Accounting Fraud

https://www.naturalnews.com/001627.html

a long time ago - accounting practices are pursued, there's still, in my opinion, a giant fraud going on, and that's the marketing of prescription drugs to a population that doesn't really need drugs.What they need is good health practices through nutrition, physical exercise and avoidance of toxic food ingredients that promote chronic disease. But until our country realizes that, big drugs are big business, and big drug companies will apparently do practically anything to pocket one ...

Real US federal budget deficit is in the trillions; Congress still playing numbers games

https://www.naturalnews.com/019878_budget_Congress_deficit.html

a long time ago - Real US federal budget deficit is in the trillions; Congress still playing numbers games"We've been hiding the bottom line from the American people," says Rep. Jim Cooper, D-Tenn., "It's not fair to them, and it's delusional on our part."Congress uses "cash accounting" -- an accounting practice that would be illegal for any U.S. corporation -- in order to report a lower deficit publicly. This method is comparable to a checking account balance which ...

Shocking analysis: The true US national debt EXCEEDS $158 trillion, not $36 trillion

https://www.naturalnews.com/2025-02-05-true-us-national-debt-exceeds-158-trillion.html

February 05, 2025 - accounting practices, which fail to accurately reflect the true cost of these entitlements.

The Treasury Department's financial reporting practices have come under scrutiny for only including a fraction of the liabilities related to Social Security and Medicare on the federal balance sheet. According to government documents, recipients do not have a legal right to benefits beyond those to be paid next month, and lawmakers can alter or eliminate future benefits ...

Triple vaccinated deaths skyrocketed 495% in January; 80% of all new covid cases are fully jabbed

https://www.naturalnews.com/2022-02-14-triple-vaccinated-deaths-skyrocket-495-percent-january.html

February 14, 2022 - accounting for 4% of those cases, the double vaccinated accounting for 33% of those cases, and the triple vaccinated accounting for 63% of those cases," the Exposé further reported.

"This means that despite cases falling among all demographics they actually fell the most among the not vaccinated, single vaccinated, and double vaccinated, with the lowest drop coming in the triple vaccinated. This doesn't make sense if the Covid-19 vaccines are ...

How government waste and mismanagement are bankrupting America’s urban centers

https://www.naturalnews.com/2025-03-04-government-waste-mismanagement-bankrupting-americas-urban-centers.html

March 04, 2025 - accounting tricks

The primary driver of this fiscal crisis is the growing burden of unfunded pension and retiree healthcare benefits. These liabilities now account for more than half of the cities’ non-capital debt, creating a financial black hole that grows deeper every year.

The report highlights the inherent risks and uncertainties surrounding these obligations. Factors like life expectancy, inflation rates, healthcare costs and investment performance are notoriously ...

America’s true national debt is around $135 trillion, not the $27 trillion we are being told

https://www.naturalnews.com/2020-10-02-true-national-debt-135-trillion-not-27-trillion.html

October 02, 2020 - accounting for deterioration and you land at a whopping $135 trillion in debt -- an amount that never in America’s wildest dreams will ever be paid off by any stretch of the imagination.

If you would like to see how Truth in Accounting arrived at these figures, you can check out the group’s full Financial State of the Union report at this link.How long before the financial house of cards comes tumbling down?

The group says it used data from the U....

Pentagon overestimated value of military aid sent to Ukraine by $6.2 billion – this means MORE weapons will be sent to Ukrainian armed forces

https://www.naturalnews.com/2023-06-26-pentagon-billions-accounting-error-military-aid-ukraine.html

June 26, 2023 - accounting error" comes in the form of $2.6 billion in overestimated value in the fiscal year of 2022 and $3.6 billion in the current fiscal year, which concludes on Sept. 30. (Related: Pentagon admits to $3B “accounting error” in Ukraine aid, which means more goodies for Zelensky)

This final computation of the accounting error is nearly twice as much as what was calculated in May. The Pentagon at that period stated it might have surpassed the worth ...

Dollar, crypto both failing as governments make way for new world reserve currency

https://www.naturalnews.com/2023-01-23-dollar-crypto-failing-new-world-reserve-currency.html

January 23, 2023 - accounting – has the potential to create a fairer and more just monetary system not controlled by the globalists like the current system is.

"The countries of the world are tired of being whipsawed by Fed policies," Szymanski writes.

"Gold is the eternal constant ... the BRICS will use Gold as a lynchpin in the establishment of their new currency. The rabid purchase of Gold by central banks that is noted above is a harbinger of its future employment in wider ...


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