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<channel rdf:about="http://livepress.com">
          <title>Accounting - livepress.com</title>
      <link>http://Accounting.livepress.com</link>
      <description>Updated every 15 minutes of every day - FOR PERSONAL USE ONLY</description>
  <dc:publisher>livepress.com</dc:publisher>
  <dc:creator>livepress.com</dc:creator>
  <dc:rights>Copyright &#169; 2006 livepress.com</dc:rights>
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<item rdf:about="http://livepress.com/go/?129202">
  		<title><![CDATA[Court Affirms Conviction Of WorldCom's Ex-CEO]]></title>
	  	<link>http://livepress.com/go/?129202</link>
  		  		<dc:description><![CDATA[A federal appeals court in New York on Friday affirmed the conviction of WorldCom Inc.'s former Chief Executive Bernard Ebbers on charges related to  accounting  fraud. Ebber, 64, was convicted by a jury in March 2005 of conspiracy, securities fraud and other crimes related to the  accounting  fraud...]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?121261">
  		<title><![CDATA[Broadcom finds options discrepancies, to restate 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?121261</link>
  		  		<dc:description><![CDATA[Reuters - Microchip maker  Broadcom  Corp. 
 on Friday said an internal review had uncovered 
discrepancies in its  accounting  for stock options grants and 
that it would restate earnings as far back as 2000.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?120802">
  		<title><![CDATA[Gerber Scientific to restate fiscal '02-05 results 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?120802</link>
  		  		<dc:description><![CDATA[Reuters - Gerber Scientific Inc.  said 
on Thursday it will restate previously issued financial 
statements for fiscal years ended April 30, 2005, 2004, 2003 
and 2002 due to an error related to the  accounting  for certain 
non-qualified pension assets.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?110833">
  		<title><![CDATA[Hampshire CEO, others put on leave pending probe 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?110833</link>
  		  		<dc:description><![CDATA[Reuters -  Apparel  designer Hampshire Group Ltd. 
 has placed its top executives on leave pending an 
investigation into possible misappropriation of assets for 
personal benefit and  accounting  deficiencies, the company said 
on Thursday.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?106639">
  		<title><![CDATA[Senate Republicans push for Fannie oversight bill 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?106639</link>
  		  		<dc:description><![CDATA[    Reuters - Fannie Mae&#039;s &#36;11 billion  accounting  
scandal should drive the Senate to stop delaying and advance 
legislation that would overhaul supervision of U.S. mortgage 
finance giants, some Republicans on the Senate  Banking  
Committee argued on Thursday.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?105159">
  		<title><![CDATA[Audit panel advisers voice backdating worries 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?105159</link>
  		  		<dc:description><![CDATA[Reuters - Advisers to the Public Company 
 Accounting  Oversight Board on Tuesday urged the U.S. watchdog 
panel to give auditors some guidance on the emerging stock 
option backdating probe at dozens of companies.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?101904">
  		<title><![CDATA[Republican group eyes Fannie CEO role in scandal 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?101904</link>
  		  		<dc:description><![CDATA[Reuters - Fannie Mae's chief executive stood 
at the center of the mortgage giant's activities during an $11 
billion  accounting  scandal and supported efforts to hit profit 
targets even when meeting them was risky, an analyst for the 
U.S. Senate Republican majority said.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?101848">
  		<title><![CDATA[Guilty plea in Foodservice insider trading 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?101848</link>
  		  		<dc:description><![CDATA[Reuters - A man who said he was illegally tipped 
off to the 2000 sale of U.S. Foodservice to Dutch retailer 
Ahold NV   on Wednesday pleaded guilty to 
insider trading and charges related to an  accounting  scheme.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?101101">
  		<title><![CDATA[United Tech to pay $283 million to settle probe 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?101101</link>
  		  		<dc:description><![CDATA[Reuters - Diversified manufacturer United 
Technologies Corp.  said on Tuesday it will pay the U.S. 
Department of Defense $283 million to settle a probe of 
government contract  accounting  matters.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?97737">
  		<title><![CDATA[Freddie Mac year net down 27.6 pct to $2.1 billion 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?97737</link>
  		  		<dc:description><![CDATA[    Reuters - Mortgage finance company Freddie Mac 
, still recovering from a 2003  accounting  scandal, on 
Tuesday said 2005 net income fell 27.6 percent from the year 
ago, to &#36;2.1 billion.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?93599">
  		<title><![CDATA[Fannie&#146;s Board Blamed For Accounting Scandal]]></title>
	  	<link>http://livepress.com/go/?93599</link>
  		  		<dc:description><![CDATA[ Fannie Mae's regulator on Tuesday blamed the corporation's board for failing to act when employees manipulated  accounting  records to see executives get huge bonuses. 
 Fannie Mae was hit with close to $11 billion in  accounting  fraud. The Office...]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?93446">
  		<title><![CDATA[Update: Fannie Mae To Pay $400 Million Settlement]]></title>
	  	<link>http://livepress.com/go/?93446</link>
  		  		<dc:description><![CDATA[ Fannie Mae on Tuesday accepted a $400 million fine following a federal investigation that confirmed the corporation's  accounting  misdeeds. 
 The Office of Federal Housing Enterprise Oversight blamed the corporation's board for failing to act...]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?93333">
  		<title><![CDATA[Regulator says Fannie board contributed to accounting woes 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?93333</link>
  		  		<dc:description><![CDATA[    Reuters - Risks from an  accounting  scandal at 
U.S. mortgage finance Fannie Mae were greatly understated, and 
deliberate smoothing of earnings overstated income by &#36;10.6 
billion, its regulator said on Tuesday in a report on the 
mortgage finance giant&#039;s  accounting  scandal.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?93195">
  		<title><![CDATA[Report due on Fannie, $400 mln settlement expected 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?93195</link>
  		  		<dc:description><![CDATA[    Reuters - Federal regulators on Tuesday are 
expected to say Fannie Mae  will pay &#36;400 million for 
using bad  accounting  to manage earnings and trigger bonuses, 
according to sources briefed on the plan.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?93187">
  		<title><![CDATA[Fannie Mae faces huge hurdle as OFHEO report nears 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?93187</link>
  		  		<dc:description><![CDATA[    Reuters - Fannie Mae faces the most 
comprehensive and potentially damaging report on its 
multibillion-dollar  accounting  problems this week when its U.S. 
regulator releases findings from a nearly three-year probe.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?89573">
  		<title><![CDATA[Foot Locker Q1 earnings up slightly 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?89573</link>
  		  		<dc:description><![CDATA[Reuters -  Footwear  retailer  Foot Locker  
Inc.  on Wednesday said quarterly earnings rose slightly, 
beating a lowered forecast it gave earlier this month in part 
due to a one-time benefit from an  accounting  change.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?89314">
  		<title><![CDATA[GM to restructure controller's office 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?89314</link>
  		  		<dc:description><![CDATA[    Reuters -  General Motors  Corp.  on 
Wednesday said it plans to restructure its corporate 
controller&#039;s office after a spate of  accounting  errors at the 
world&#039;s largest automaker.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?88936">
  		<title><![CDATA[Report On Fannie Mae's Accounting Problems Ready For Release]]></title>
	  	<link>http://livepress.com/go/?88936</link>
  		  		<dc:description><![CDATA[ Authorities are ready to release a report on a three-year investigation into Fannie Mae's (FNM)  accounting  and management problems. 
 As a result, officials at FNM, are canceling appointments, including chief executive, Daniel H....]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?87455">
  		<title><![CDATA[HealthSouth loss widens 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?87455</link>
  		  		<dc:description><![CDATA[    Reuters - Rehabilitation chain HealthSouth Corp. 
, which is emerging from an  accounting  scandal and 
government probes, on Monday posted a larger loss for the March 
quarter, as pricing pressure from Medicare and other payers 
hurt net operating revenue.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?84520">
  		<title><![CDATA[Fannie CEO: Major accounting issues found 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?84520</link>
  		  		<dc:description><![CDATA[Reuters - Fannie Mae Chief Executive Officer 
Daniel Mudd told Reuters on Wednesday the major  accounting  
problems with the largest impact on the mortgage giant's total 
profit restatement have already been found.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?83801">
  		<title><![CDATA[Fannie-Mae Discloses More Accounting Errors]]></title>
	  	<link>http://livepress.com/go/?83801</link>
  		  		<dc:description><![CDATA[ More errors have turned up in Fannie Mae's government-ordered review of its  accounting . The mortgage giant disclosed that it also doesn't expect the review to be finished before the second half of the year. 
 Based in Washington, the...]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?81353">
  		<title><![CDATA[Enron defense calls experts to defend accounting 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?81353</link>
  		  		<dc:description><![CDATA[    Reuters - Defense lawyers for former Enron CEOs 
Kenneth lay and Jeffrey Skilling questioned two  accounting  
experts on Wednesday to show that the collapsed energy company 
never falsified its books.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?75936">
  		<title><![CDATA[Honda Q4 net jumps on one-off gains 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?75936</link>
  		  		<dc:description><![CDATA[    Reuters - Honda Motor Co. on Wednesday posted a 133 
percent jump in fourth-quarter net profit, helped by a softer 
yen, brisk overseas sales and  accounting  one-offs, but 
projected weaker-than-expected earnings for this year.  ]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?74883">
  		<title><![CDATA[CA's ex-CEO Kumar pleads guilty to securities fraud 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?74883</link>
  		  		<dc:description><![CDATA[Reuters - Sanjay Kumar, the former chief 
executive of CA Inc. , pleaded guilty on Monday to 
securities fraud and obstruction of justice charges related to 
a $2.2 billion  accounting  fraud at the  software  company.]]></dc:description>
  				</item>
<item rdf:about="http://livepress.com/go/?71939">
  		<title><![CDATA[EBay net dips, outlook drags on stock 
    (Reuters)
]]></title>
	  	<link>http://livepress.com/go/?71939</link>
  		  		<dc:description><![CDATA[    Reuters - Web auctioneer  eBay  Inc.  
on Wednesday posted a 3 percent drop in quarterly net profit 
due to stock compensation costs and stuck to a 2006 revenue 
forecast at the low end of Wall Street&#039;s targets, sending its 
shares down 5 percent.  ]]></dc:description>
  				</item>
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