NYRA’s accounting practices called into question From Thoroughbred Times A state audit of the New York Racing Association could reveal more financial shortcomings for the bankrupt Thoroughbred track operator while state officials continue their debate over whether to keep the beleaguered organization in place for another 30 years. According to past audits, NYRA has underestimated franchise fees by up to $40-million for the years 2000-'03, and the state comptroller's office is currently working on an audit for 04-05. If an agreement is not reached by December 31,...

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Accounting Error Crowns Wrong Miss California From www.wlbz2.com LOS ANGELES (AP) -- An accounting mix-up led to the wrong woman being crowned Miss California USA, and she's relinquished her crown to the rightful winner, organizers said Monday. Christina Silva, 24, was declared the winner of the annual state beauty pageant, but she gave up the title to Raquel Beezley, who was originally named the second runner-up. The pageant allowed Silva to keep her crown, sash and necklace and returned her $1,500 entry fee after the error was discovered, Neal said.

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verifone's outlook cut to negative from positive on accounting ... From CNNMoney.com MUMBAI, Dec. 6, 2007 (Thomson Financial delivered by Newstex) -- Standard Poor's (NYSE:MHP) Ratings Services said it has revised its outlook on VeriFone Inc to negative from positive, following the company's announcement that it will restate its financial statements for the first three quarters of 2007.

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Verifone ratings on review for possible downgrade on accounting ... From ABCmoney.co.uk Investors Service said it has placed the 'B1' corporate family rating and the senior secured debt ratings of Verifone Inc under review for possible downgrade following the company's announcement it will restate financial statements for the first three quarters of 2007, due to accounting errors associated with its valuation of inventories.

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Giuliani's Accounting From corner.nationalreview.com/ Mr. Carbonetti said that (Sunny) Mindel told him after she spoke to the reporter, but before the story was published, that 'it was strictly a budget issue.' But the "misrepresentation" could only have been internal to the campaign. (T)he reporter who broke the story, Ben Smith (who used to be a reporter for this newspaper), responded to Mr. Carbonetti's assertions about not disclosing the nature of the story by showing The Observer a copy of the e-mail he sent to Ms.

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