@abcnewslive: Macy's is delaying the release of its full quarterly results after it discovered an employee intentionally hid up to $154 million of expenses over several years. #macys #news #businessnews

ABC News Live
ABC News Live
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Tuesday 26 November 2024 17:23:43 GMT
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laurengirk
laurengirk :
laughs in accounting
2024-11-27 05:23:01
228
sidrowd
Sid :
However who was told to do such?
2024-11-26 18:59:32
170
alliegator006
CrestieBestie :
As an accountant this is hilarious. How did they not notice?
2024-11-27 16:15:07
34
mr.r1nder
Дядя Ваня :
😂
2024-11-28 19:01:50
0
bigfootisrea1
user3727809840863 :
Riiiiiight he hid 150 million and no one else was involved 😂😂 I wonder who gets a bonus based on the cooked numbers.
2024-11-26 21:18:10
387
user994847383
User129394744393 :
Man MACYs is done. Any public company must adhere to to SOX Compliance, it will be interesting to see how they get out of this.
2024-11-26 18:07:30
185
dswithdennis
Data Science With Dennis :
Interesting story but the analysis is wrong. This is not on KPMG, that’s external audit. This is an internal audit issue with a lack of proper controls (and the enforcement) for this kind of risk.
2024-11-26 22:10:41
63
milfs4breakfest
Tik Toker :
so macys is hiring?
2024-11-27 09:43:38
6
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