SEC prosecution of the former accounting director of Dell

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According to Ed hardy clothing reports, the U.S. Securities and Exchange Commission ("SEC") Friday Dell indicted former Assistant Auditor Randall Imhoff and the former chief accountant, Robert Davis accounting fraud. Dell just a month ago, reached a settlement with the SEC.

SEC said in the indictment, Steinhoff and Davis are involved in Dell's "inappropriate accounting behavior", leading to Dell's re-release from 2003 to 2006 financial results.

Dell on July 22 agreed to pay 100 million U.S. dollars with the SEC settlement, and let Dell founder Michael Dell to remain the post of CEO.

SEC, said: "Dell of fraud,Ed hardy shoes and improper accounting practices led to a false impression: Dell has been able to meet Wall Street earnings estimates, operating expenses in the proportion of income has also been reduced. Dell These acts are violations of accounting principles through its The most advanced implementation of the former accounting executives. "

SEC(Ed hardy bags) said Steinhoff and Davis repeated use of the so-called "cookie jar" (cookie jar) reserves to make up the difference between profit. This accounts for the behavior of the accounting manipulation distorts the financial position of Dell, and lead to Dell's quarterly and annual reports from the truth.

Steinhoff and Davis's lawyers have not yet comment