> The accounting problem “raises the question as to the competence of the company’s auditors,” Neil Saunders, retail analyst and managing director at GlobalData Retail, told CNN.
> The Company's independent registered public accounting firm, KPMG LLP, has audited the Company's Consolidated Financial Statements included in this Annual Report on Form 10-K and the effectiveness of the Company's internal control
over financial reporting as of February 3, 2024 and has issued an attestation report expressing an unqualified opinion on the effectiveness of the Company's internal control over financial reporting, as stated in their report located on page 37...
CNN is oddly silent about the auditors' identity. But in Macy's 2023 Annual Report - found at https://www.macysinc.com/investors/financials/annual-reports... - we read that:
> The Company's independent registered public accounting firm, KPMG LLP, has audited the Company's Consolidated Financial Statements included in this Annual Report on Form 10-K and the effectiveness of the Company's internal control over financial reporting as of February 3, 2024 and has issued an attestation report expressing an unqualified opinion on the effectiveness of the Company's internal control over financial reporting, as stated in their report located on page 37...
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