Hertz Effectively Fined $695,000/ Month for Accounting Errors

Car Rental company Hertz is fined $16 Million for accounting errors that resulted in material misstatements on their fiancials. This is essentially a $695,000 per month surcharge. That’s a lot of car rentals… Torrey & Gray can help your organization find people that can avoid these situations. For the full article, click here. https://www.accountingtoday.com/news/sec-penalizes-hertz-16m-for-accounting-violationsh