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Samsung Unit Afoul Of Accounting Law, Regulator Says

PYMNTS

South Korean financial regulators said a unit of Samsung , Samsung BioLogics , intentionally breached corporate accounting rules, Reuters reported Thursday (July 12). “We have legally implemented all accounting procedures,” the company stated. That notice led to a $6 billion market value loss. ”

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166: Nicolaas van Wyk

CFO Talks

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants. Tell us about your trip to Mexico, what were the impressions.

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