the person briefed on the probe said. Macy’s has said that the employee had responsibility for small package delivery expense accounting, but declined to provide further information about the ...

Macy's shares fell Wednesday morning after the company posted its delayed third-quarter earnings report and shifted its full-year outlook to adjust for the completed investigation into the accounting ...

Reducing the barrier to entry to the accounting profession can help ward against accounting errors, Netgain’s Chris Miller ...

Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...

The investigation found the employee (who is no longer working at Macy’s), had made one accounting mistake in late 2021, which snowballed into years of coverup, a person briefed on the probe told The ...

Macy’s said that there’s no indication that the erroneous accounting accrual entries had any impact on its cash management activities or vendor payments. The company added that the person ...

Macy’s M0.00%increase; green up pointing triangle has completed its investigation into accounting problems and ... according to a person briefed on the probe. The discovery prompted the retailer ...

NEW YORK (AP) — Macy’s said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a ...

(AP) - Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly results after it discovered an employee intentionally hid up ...

NEW YORK (AP) — Macy's said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a ...