KPMG withdraws L&H audit report as unreliable

Article Abstract:

Lernout and Hauspie Speech Products NV's KPMG International accounting unit withdrew its audit report for 1988 and 1999. An investigation showed there were "errors" in the two audits.

Management Consulting Services, Business & Mgmt Consulting, Reports, Accounting, Auditing, Business consultants, Management consultants, Consulting services, KPMG International

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How U.S. watchdog lost much of its bite: SEC fights tough battles with inadequate resources; bull market gores efforts

Article Abstract:

The article assesses the Securities and Exchange Commission's ability to effectively handle investigations based on the staff and resources made available to it. From 1981 to 2001, the SEC's filings caseload grew 81%, while its staff increased by only 29%.

Securities fraud, United States. Securities and Exchange Commission, Governmental investigations, Government investigations

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Sticky situation: Ovens are cooling at Krispy Kreme as woes multiply

Article Abstract:

Revenue growth has slowed at Krispy Kreme Doughnut Corp., the maker of doughnuts so popular that Fortune magazine dubbed them "the hottest brand in America" in 2003. The company's problems may be the result of its franchising procedures and perhaps its saturation of the market with the establishment of too many sales outlets in too short a period of time. It has recently announced it will be sharply cutting back on its number of stores.

Executive changes & profiles, Public affairs, Securities issued, listed, Alliances, partnerships, Bakery Products, Clothing and Clothing Accessories Stores, APPAREL AND ACCESSORY STORES, Specialty Chain Stores, Social aspects, Officials and employees, Securities, Company Profile, Baked products industry, Baked goods industry, Company securities, Doughnuts, Krispy Kreme Doughnut Corp., Franchising, Livengood, Scott

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