The Macy's accounting disaster: CIOs, this could happen to you.Macy's accounting errors highlight severe weaknesses in internal controls and software safeguards within enterprises.
Macy's says an employee hid as much as $154 million in expensesA former Macy's employee hid $154 million in delivery expenses for nearly three years, prompting an independent investigation.
Macy's delays earnings to complete investigation into a worker hiding over $130 million in expensesMacy's is investigating over $130 million in hidden expenses related to erroneous accounting due to a dismissed employee.
Macy's executives will have to pay back over $600,000 after an accounting scandal inflated their bonusesMacy's executives owe over $600,000 due to an accounting scandal involving inflated earnings.The scandal resulted in adjustments to Macy's financial metrics significantly lower than previously reported.
The Macy's accounting disaster: CIOs, this could happen to you.Macy's accounting errors highlight severe weaknesses in internal controls and software safeguards within enterprises.
Macy's says an employee hid as much as $154 million in expensesA former Macy's employee hid $154 million in delivery expenses for nearly three years, prompting an independent investigation.
Macy's delays earnings to complete investigation into a worker hiding over $130 million in expensesMacy's is investigating over $130 million in hidden expenses related to erroneous accounting due to a dismissed employee.
Macy's executives will have to pay back over $600,000 after an accounting scandal inflated their bonusesMacy's executives owe over $600,000 due to an accounting scandal involving inflated earnings.The scandal resulted in adjustments to Macy's financial metrics significantly lower than previously reported.
Over 60 PwC partners in China have stepped down as the Big Four firm handles the fallout from the Evergrande scandalPwC China has reduced its partner class by over 60 amid fallout from the Evergrande scandal and its operational suspension.
Supermicro's run for hills over sketchy financial reportsSupermicro's shares plunged over 30% following EY's resignation, heightening concerns over accounting irregularities and potential consequences including delisting from Nasdaq.
Will Super Micro Computer stock be delisted from the Nasdaq? Critical deadline looms amid accounting scandalSuper Micro Computer is facing potential delisting from Nasdaq due to non-compliance with filing requirements.
Supermicro's run for hills over sketchy financial reportsSupermicro's shares plunged over 30% following EY's resignation, heightening concerns over accounting irregularities and potential consequences including delisting from Nasdaq.
Will Super Micro Computer stock be delisted from the Nasdaq? Critical deadline looms amid accounting scandalSuper Micro Computer is facing potential delisting from Nasdaq due to non-compliance with filing requirements.