How does one hide $154 million in expenses? Who was auditing this accounting? And what firm was auditing the auditor? NY Times — “Macy’s Discovers Employee Hid Millions in Delivery Expenses…” An employee had improperly accounted for up to $154 million over the past few years, the company said, forcing it to delay a much-anticipated earnings report that Wall Street uses to gauge the strength of holiday shopping. #Macys #accounting #Business #BusinessAccounting #Finance #FiscalMismanagement #Fiscal #FiduciaryDuty #Governance #Retail #DepartmentStorese
Alberta fires entire AIMCo board, relieves CEO of duties, due to 'significant' cost increases

The Alberta government has fired the entire board of AIMCo due to 'significant' cost increases and poor performance. Find out more.

Financial Post