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Microsoft Development Center Norway/Controversies

Microsoft Development Center Norway controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2008Norwegian criminal investigation
  2. 2007Revenue-recognition and financial-control controversy
  3. 2007Account restatement and governance turmoil

  1. 2008

    Norwegian criminal investigation

    Norwegian financial authorities referred suspected anomalies in FAST's accounts to police, and Økokrim searched the company's Oslo offices as part of an investigation into possible pre-acquisition misconduct.

    Source

  2. 2007

    Revenue-recognition and financial-control controversy

    FAST disclosed that revenue expectations had been materially overstated and attributed the problem to financial-control weaknesses, including recognition associated with unsigned memoranda of understanding and difficulties collecting customer payments.

    Source

  3. 2007

    Account restatement and governance turmoil

    The company reviewed prior accounts, suspended share trading and experienced board-level conflict and resignations during a period of severe losses and declining software-license revenue.

    Source