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Macy’s employee hid up to $154M in expenses
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.
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.
A Macy’s employee ‘hid’ up to $154M in expenses over three years — but why?
While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our
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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.
The Business Journals
16h
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 ...
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