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Tag: Accounting

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Macy’s Delaying Q3 Earnings Release After Discovering Employee Hid Up to $154M in Expenses

Industry News
A single employee with responsibility for small package delivery expense accounting allegedly hid approximately $132 to $154 million in cumulative delivery expenses since Q4 2021 through erroneous accounting accrual entries.

Calculating Return on Investment

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Here, learn about calculating the ROI of loss prevention solutions and why LP professionals agree this is an important step.
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