Loading…
Friday, August 01, 2014
Current Weather
Loading Current Weather....
Published: Saturday, 6/7/2014 - Updated: 1 month ago

Hertz audit reveals accounting errors

BLADE STAFF AND NEWS SERVICES

NEW YORK — Hertz Global Holdings Inc. said that it has to review and correct its financial reports from the past three years after an audit by the car rental company found accounting errors.

The announcement, made in a government filing Friday, sent Hertz shares down 9 percent.

The Park Ridge, N.J., company said it will restate financial statements from 2011 and will correct and possibly restate statements from 2012 and 2013.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.






Poll