Law8d
UPS Agrees to $45M Settlement With SEC Over Valuation Claim
The commission accused UPS of failing to follow generally accepted accounting principles, or GAAP, and “materially ...
6 Things to Know About Macy’s $100 Million Accounting Issue
A Macy’s employee intentionally hid up to $154 million in delivery expenses over the past three years. Investors have a lot ...
JD Supra3d
Freight Accounting Fumble Leads to SEC Fine: UPS Penalized for Not Booking Known Impairment to Goodwill
The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty ...
GlobalData on MSN10d
FASB seeks input on proposed ASU for accounting government grants
The proposal aims to address the current lack of guidance under US GAAP for recognising, measuring, and presenting grants.
Gensler Exit Signals End To Climate Reporting Rule And ESG In The SEC
Gensler’s resignation as Chair of the Commission not only signals a new direction for the agency but will most likely result ...
soapcentral4d
Who are the auditors of Macy’s? All you need to know about luxury fashion store’s $154 million accounting issue
Macy's is going through a serious accounting debacle after learning that a single employee purposefully falsified accounting ...
NIFA gives Nassau County 2 weeks to amend 'illegal' multiyear budget
The state oversight board's decision starts a countdown for the legislature and Nassau County Executive Bruce Blakeman.
UPS will pay $45 million in fines with SEC settlement
The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...
NBC Chicago8d
UPS to pay $45M to US settle charges that it improperly valued its freight division
The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted ...
Law8d
Auditor Finds 'Significant Deficiency' in FTC Accounting to Tune of $7M
The discovery forced the FTC to restate prior financial statements, deeming them not in accordance with generally accepted ...
Greenlane Holdings, Inc. Dismisses Marcum LLP as Independent Registered Accountant; Engages PKF O’Connor Davies
On November 20, 2024, Greenlane Holdings, Inc. (NASDAQ: GNLN) filed a Form 8-K with the Securities and Exchange Commission announcing the dismissal of Marcum LLP as the company’s independent ...