informa
1 MIN READ
News

Take-Two Names New Board Member With Accounting Background

Take-Two named a new board member to chair its audit committee today, hoping to instill investor confidence after accounting woes rocked the company earlier this year and forced it to restate eithg quarters of earnings.
The new board member, Richard Roedel, is well versed in US accounting laws, including the Sarbanes-Oxley Act which the US Congress passed this year in response to all of the corporate accounting scandals. Take-Two is still under investigation by the US Securities and Exchange Commission because of its accounting practices. Last February the company had to restate the financial results for 2000 and the first three quarters of fiscal 2001 to correct accounting errors in which sales of products were recognized as revenue and later returned or purchased by the company.

Latest Jobs

Xbox Game Studios

Redmond, Washington
10.5.22
Technical Lighting Artist

Innogames

Hamburg, Germany
10.5.22
Game Designer - Elvenar

Six Foot

Houston, TX
10.3.22
Six Foot Director, Player Relations

Hometopia Inc.

Remote
10.7.22
Lead Engineer
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more