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Browse: Home / 2020 / March / 04 / SEC hits Cardinal Health with accounting violations | CFO Dive

SEC hits Cardinal Health with accounting violations | CFO Dive

By Securities Docket on March 4, 2020, 9:50 am

  • Ohio-based pharmaceutical company Cardinal Health will pay more than $8 million to resolve charges it violated the books, records and internal accounting controls provisions of the Foreign Corrupt Practices Act, the SEC announced Monday.
  • Cardinal’s internal accounting controls were insufficient to detect improper payments made by employees of its former Chinese subsidiary, the SEC said.

via SEC hits Cardinal Health with accounting violations | CFO Dive.

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Posted in SEC, Top | Tagged Books and records

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