Car rental service provider Hey, rent a car. Disclose a company's financial information recent incidents of alleged fraud

Source: Internet
Author: User
Keywords Underwriter report auditor
Tags agency company document exchange financial financial information information service

Absrtact: a hi car rental November 14, in a paper submitted to the U.S. Securities and Exchange Commission last night, a car rental service provider, a car rental company, disclosed a recent incident in which corporate financial information was alleged to have been falsified. A hi car rental in the document said that the company hired the sole
Hey, car rental.

On November 14, in a paper submitted to the US Securities and Exchange Commission last night, car rental service providers disclosed a "company's financial information recently alleged fraud" incident.

Hey, a car rental. In the document, PwC, the independent auditor that the company employs, received a letter from a non-Hi employee on November 12, 2014, who claimed to have mastered a message from an employee.

The report sent two accusations of a car rental, the first one is a part of a hi. The car is no longer suitable for external leasing, and is exaggerated by a hi "surplus value" (residual value), the second is a hi exaggerated the "fleet" scale, some already lost vehicles also included in the convoy.

Hey, a car. The letter, received by PwC on November 12, is in line with the information that PwC and a car-rental underwriter had reported in October 2014.

A hi car Rental said the company has hired oMM (American Melveny law firm?) The accusations were investigated, and the findings showed that the accusations were not substantiated.

For this reporting incident, a car rental is currently under investigation. Hey, a car. Suspect that the report may be related to the theft of confidential company information or the disclosure of an employee's interview.

Hey, car rental. At the end of the SEC file, the author of the report said the authors were likely to publish their messages in the online forum, as well as to send a message to the media about a hi, which could have an impact on the reputation of a company or even the price of a hi. (Xiao Feng)

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