#accounting-errors

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fromFlowingData
5 days ago

Errant data led to errant prosecution of British postal workers

Thousands of workers faced wrongful accusations and prosecutions due to errors generated by the Horizon accounting system, developed by Fujitsu for the British government.
US politics
#government-efficiency
Bootstrapping
fromwww.nytimes.com
5 months ago

DOGE's Only Public Ledger Is Riddled With Mistakes

Elon Musk's team claims $55 billion in savings, but major accounting errors and inaccuracies raise questions about the legitimacy of these figures.
Bootstrapping
fromwww.nytimes.com
5 months ago

DOGE's Only Public Ledger Is Riddled With Mistakes

Elon Musk's team claims $55 billion in savings, but major accounting errors and inaccuracies raise questions about the legitimacy of these figures.
#financial-reporting
Miscellaneous
fromBusiness Insider
8 months ago

Macy's $132 million mystery has auditing experts scratching their heads

Macy's discovered serious accounting errors totaling $132 to $154 million, highlighting failures in internal accounting controls.
Business
fromFortune
8 months ago

A Macy's employee made accounting errors 'intentionally,' hiding up to $154 million in expenses. Now the company's earnings report is delayed

Macy's faces a serious accounting scandal affecting its financial reporting and operational integrity.
Miscellaneous
fromBusiness Insider
8 months ago

Macy's $132 million mystery has auditing experts scratching their heads

Macy's discovered serious accounting errors totaling $132 to $154 million, highlighting failures in internal accounting controls.
Business
fromFortune
8 months ago

A Macy's employee made accounting errors 'intentionally,' hiding up to $154 million in expenses. Now the company's earnings report is delayed

Macy's faces a serious accounting scandal affecting its financial reporting and operational integrity.
fromEntrepreneur
8 months ago

A Macy's Employee Made Accounting Errors Worth $132 Million | Entrepreneur

Macy's uncovered significant inaccuracies amounting to $132 million to $154 million in delivery expense accounting, impacting its financial statements and leading to an investigation.
Miscellaneous
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