Details -- https://edition.cnn.com/2024/11/25/business/macys-accounting-expenses-earnings/index.html

In this eye-opening explainer video, we dive into the shocking accounting scandal at Macy's, where an employee allegedly concealed up to $154 million in delivery expenses. Discover how this major retail giant found itself embroiled in controversy and what it means for the company’s future. We’ll break down the details of the case, examine the implications for corporate governance, and explore how such practices can affect businesses and consumers alike. If you're interested in accounting ethics, corporate accountability, or retail industry news, this video is for you! Like and share to spread the word!

#Macys #AccountingScandal #CorporateFraud #RetailNews #BusinessEthics #Macy’s

OUTLINE:

00:00:00 Macy's Accounting in Crisis
00:01:16 How Did It Happen?
00:02:29 Investigation and Response
00:03:46 Impact on Macy's Bottom Line
00:04:54 A Long Road Ahead
00:05:59 Strengthening Corporate Governance
00:07:12 Transparency and Ethical Conduct
00:08:13 Macy's Path to Recovery