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 #AIMco #fired #Board #FiscalMismanagement
Alberta fires entire AIMCo board due to cost increases | Financial Post https://financialpost.com/investing/alberta-fires-entire-aimco-board-cost-increases