Hertz’s Accounting Errors Get Worse, Could Get Worser

Crappy car rental company Hertz's accounting problems are worse than they thought.

The total errors found are up to $183 million, an additional $30 million more than previously reported.

On top of that, the company says it's, "still reviewing the figures," that more changes are NOT out of the question, and those "changes may be significant."  

Continued best wishes to the poor souls still dealing with this. At least Memorial Day weekend is close! 

[WSJ]  

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

FASB’s CECL Standard Is a Disaster Waiting to Happen

“A simple accounting standard is going to decimate the people in my district’s ability to have home mortgages. This has got to stop. This can’t continue. You should stop and look at the damage you’re going to be doing to the citizens of this country. And in essence after that happens, it’s going to devastate […]