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Macy’s employee hid up to $154M in expenses
Macy's says an employee hid as much as $154 million in expenses
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error forced the company to delay reporting its third quarter results.
Macy’s found a single employee hid up to $154 million worth of expenses
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report, which the retailer had planned to release Tuesday.
Macy's: Employee hid upwards of $154M in delivery expenses
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report.
The Business Journals
15h
Macy’s says employee hid as much as $154M in expenses
Macy’s
is delaying its third-quarter earnings release and conference call because of an
employee
’s intentional accounting ...
3h
Macy’s says employee hid up to $154 million in expenses
A Macy's employee allegedly hid up to $154 million by making erroneous accounting accrual entries, according to the company.
23h
on MSN
Macy's says an employee hid up to $154 million in expenses
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
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