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...It embeds the First Nations concept of cultural governance “that has developed over 60,000 years” into a company framework, explains Cox — for example, including membership requirements linked to ancestral...
...law firm Crowell & Moring LLP....
...The privately-held Australian company, which has the capacity to process in excess of 300,000 cattle a year, previously came close to securing investment from Shandong Delisi Food, a Chinese meat processor...
...The watchdog recently fined Deloitte £4m for its audits of Aero and imposed more than £3m in fines and costs on PwC for its audits of subprime lender Cattles....
...The FRC recently fined Deloitte £4m for its audits of Aero and imposed more than £3m in fines and costs on PwC for its audits of subprime lender Cattles....
...PwC’s UK unit was fined £2.3m by the Financial Reporting Council for signing off on the 2007 audit of subprime lender Cattles, which later collapsed....
...The same firm’s UK arm was also this week hit with a £2.3m fine for signing off on the 2007 audit of subprime lender Cattles, which later collapsed....
...For example PwC, the largest of the “big four” by UK revenues, in October settled a long-running negligence battle with subprime lender Cattles over allegations of shoddy auditing....
...Ms Sallaway has experience in cases of accounting irregularities – in 2009 she was on the team that probed failed subprime lender Cattles....
...It wouldn’t need much more to wipe the smile off Farmer Giles’ face than a global food scare and a weather crisis to drive up the cost of cattle feed....
...The UK’s biggest accountant said that its rivals had also examined the way Cattles set aside money against bad loans without exposing the massive under-provisioning that eventually brought the company to...
...But the chief executive, who was lured out of early retirement on a cattle farm to become Armajaro’s chief financial officer in 2008, is hopeful that he can turn the company’s fortunes around....
...PwC is already being pursued for up to £1.6bn by Cattles’ creditors over its audit of the subprime lender’s loan book....
...But the skills needed to manage sales of pet food, essentially an emotion-laden FMCG product, are entirely different from those needed for cattle cake....
...The dairy farmer has just moved his wife, two young boys and herd of cattle 300km south in search of enough land to make a good living....
...Well drained arable land commands a far higher price than hillside pasture for grazing cattle....
...Other names lost to the list of local listed companies include Cattles, the subprime lender, and Bradford & Bingley, the building society, along with Leeds-based Infoserve and Northern Foods after its takeover...
...Now they have over 270 acres with 400 saddleback pigs, a herd of South Devon cattle and Dartmoor ponies, and they sell their own organic meat....
...TFDA, a German residential real estate fund, has a cash-on-cash multiple of 1.3 times, but TFCP III – which includes a cattle ranch and an aircraft leasing company – is under water....
...It is also the subject of a Financial Services Authority investigation, which is focusing on whether the company’s executives lived up to their obligations to make timely and accurate announcements about...
...Shareholders of Cattles, the troubled subprime lender, are considering taking legal action against former directors of the company....
...The company, which develops technology for breeding cattle and pigs, announced pre-tax profits after adjusting for amortisation and a gain on the valuation of biological assets of £15.5m ($23.7m) for the...
...He added: “Cattles took income up front in the boom years of 2006 and 2007 and impairments came through later....
...Cattles’ impairment policies allowed customers to be 240 days in arrears before an impairment charge was taken....
...Shares in Cattles plummeted 40 per cent on Tuesday after the subprime lender suspended three senior executives in Welcome Financial Services, its main operating company, and warned 2008 profits were likely...
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