Business Services Industry
Federal regulators scrutinize grocery distributor Fleming's accounting.
Knight Ridder/Tribune Business News, August, 2004
By Paul Monies, The Orange County Register, Calif. Knight Ridder/Tribune Business News
Aug. 1--Federal regulators continue to investigate accounting practices at former Oklahoma City-based Fleming Cos. Inc., taking a closer look at how the grocery distributor recorded some sales and income on its books.
As the company prepares to emerge from bankruptcy Aug. 15, The Oklahoman has obtained copies of internal Fleming documents being scrutinized by the Securities and Exchange Commission.
The paper trail covered more than $50 million in sales that Fleming recorded to its retail stores by acting as a middleman between two related Minnesota-based companies. The merchandise included cell phones, TVs, stereo equipment and luggage -- not wares...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
