SEC Charges The Kraft Heinz Company and Two Former Executives for Engaging in Years-Long Accounting Scheme

Topics related to local GAAP, audit, laws and regulations affecting financial reporting, non-GAAP measures, investor relations, internal control over financial reporting, XBRL, pro-forma information and other similar topics.
Post Reply
User avatar
Marek Muc
Site Admin
Posts: 2115
Joined: 15 Oct 2018, 17:21
Location: Warsaw, Poland
Contact:
Contact Marek Muc

SEC Charges The Kraft Heinz Company and Two Former Executives for Engaging in Years-Long Accounting Scheme

Post by Marek Muc »

Cost savings gone wrong ;)

https://www.sec.gov/news/press-release/2021-174

https://www.sec.gov/litigation/admin/2021/33-10977.pdf
Top
JRSB
Trusted Expert
Posts: 864
Joined: 01 Mar 2020, 01:10
Location: UK

Re: SEC Charges The Kraft Heinz Company and Two Former Executives for Engaging in Years-Long Accounting Scheme

Post by JRSB »

Sounds like something that was always going to run out of time eventually.... bad luck for the bean beancounters.
Top
Post Reply

Return to “General accounting and financial reporting discussion”