• Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion
Sunday, 3 December, 2023
  • Login
Top Radio 103.1 FM
 
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Education
  • Technology
  • Foreign
No Result
View All Result
Top Radio 103.1 FM
No Result
View All Result
Home Foreign

U.S. SEC charges, penalty on medtech firm Baxter for accounting improprieties

TOPFM NEWS by TOPFM NEWS
February 23, 2022
in Foreign
A A
0
U.S. SEC charges, penalty on medtech firm Baxter for accounting improprieties
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The U.S. Securities and Exchange Commission on Tuesday announced charges and an $18 million penalty against medtech firm Baxter International Inc for engaging in “improper intra-company foreign exchange transactions” resulting in the misstatement of its net income.

The SEC also announced settled charges against Baxter’s former treasurer and assistant treasurer, Scott Bohaboy and Jeffrey Schaible, respectively, for their misconduct related to these transactions.

“From at least 1995 to 2019, Baxter used a convention to convert non-U.S. dollar denominated transactions and assets and liabilities on its financial statements that was not in accordance with U.S. GAAP or generally accepted accounting principles”, the SEC said in a statement.

Related Posts

Niger becomes hotbed of disinformation after July 26 coup

Niger becomes hotbed of disinformation after July 26 coup

August 19, 2023
0
Al-Hilal complete signing of Neymar from Paris St-Germain

Al-Hilal complete signing of Neymar from Paris St-Germain

August 15, 2023
2
Source: Reporting by Kanishka Singh in Bengaluru; editing by Jonathan Oatis
Via: Reuters
Tags: penalty on medtech firm Baxter for accounting improprieties
Previous Post

Nigeria sues JP Morgan for $1.7 billion over oil deal

Next Post

Tesla hit by another lawsuit over racism by ex-worker

Related Posts

Niger becomes hotbed of disinformation after July 26 coup
Foreign

Niger becomes hotbed of disinformation after July 26 coup

August 19, 2023
0
Al-Hilal complete signing of Neymar from Paris St-Germain
Foreign

Al-Hilal complete signing of Neymar from Paris St-Germain

August 15, 2023
2
Niger: President Mohamed Bazoum calls on US for help after coup
Foreign

Niger: President Mohamed Bazoum calls on US for help after coup

August 4, 2023
1
South Africa named world’s best country to visit
Foreign

South Africa named world’s best country to visit

July 12, 2023
1
24-year-old Ghanaian arrested in US after shooting two family members
Foreign

24-year-old Ghanaian arrested in US after shooting two family members

July 10, 2023
0
Lionel Messi to join Inter Miami after leaving Paris St-Germain
Foreign

Lionel Messi to join Inter Miami after leaving Paris St-Germain

June 8, 2023
3
Next Post
Tesla hit by another lawsuit over racism by ex-worker

Tesla hit by another lawsuit over racism by ex-worker

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

BROWSE BY TOPICS

2022 Budget Afghanistan akufo addo Amazon Apiate explosion apple AT&T Black Stars covid COVID-19 COVID 19 E-Levy facebook Fuel Ghana Police Service Google Government health Intel iphone Mahama Majority Microsoft Minority momo NDC news NLC NPP Nvidia OMICRON Parliament police Russia security South Africa Taliban tech Tesla twitter US UTAG vaccine vaccines Xinjiang

Recent Posts

  • PURC reduces electricity tariff by 1.52%, water tariff up by 0.34%
  • Ofori-Atta to present 2024 budget in Parliament on Wednesday
  • Gov’t secures €50m to reconstruct La General Hospital
  • Public sector workers to enjoy 23% pay rise in 2024
  • CDS Africa condemns Sam George’s insensitive comment about the religious tolerance of Dr. Bawumia

Recent Comments

No comments to show.

RECENT NEWS

  • PURC reduces electricity tariff by 1.52%, water tariff up by 0.34% November 24, 2023
  • Ofori-Atta to present 2024 budget in Parliament on Wednesday November 14, 2023
  • Gov’t secures €50m to reconstruct La General Hospital November 14, 2023
  • Public sector workers to enjoy 23% pay rise in 2024 November 14, 2023

MAIN CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

Entertainment

Government approves GH¢4m to clear Korle-Bu renal unit’s debt
Health

Government approves GH¢4m to clear Korle-Bu renal unit’s debt

3 weeks ago
2
  • ABOUT US
  • CONTACT
  • ADVERTISE

© 2023 Top Media Group - Powered by BackUp Data Systems

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion

© 2023 Top Media Group - Powered by BackUp Data Systems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In