Content about Accountancy

May 1, 2014

Kellogg Company said that its first-quarter results for earnings per share were greater than the company's expectations, while results for operating profit were in-line with expectations, thanks in part to Project K — the company’s global cost-cutting initiative.

Kellogg Company said that its first-quarter results for earnings per share were greater than the company's expectations, while results for operating profit were in-line with expectations, thanks in part to Project K — the company’s global cost-cutting initiative.

Net sales for the quarter decreased 3.1% to $3.7 billion. Internal net sales, which exclude the effects of foreign currency translation, acquisitions, dispositions and integration costs, decreased 2.4% over the same period.  

July 23, 2013

99 Cents Only Stores is turning to ACL’s GRC solution to help the value retailer digitize its audit management procedures.

VANCOUVER, B.C. – 99 Cents Only Stores is turning to ACL’s GRC solution to help the value retailer digitize its audit management procedures. 

By leveraging the internal audit management system, the retailer will replace spreadsheets and shared drives. Anticipated benefits include increased collaboration and visibility among team members, the ability to more easily perform risk assessments and scoring, and ease of workflow adjustment as new issues and risks are identified.

March 5, 2013

American Apparel reported that its net sales for the fourth quarter were up 10% to $173 million and comparable-store sales rose 7% for the same period.

LOS ANGELES — American Apparel reported that its net sales for the fourth quarter were up 10% to $173 million and comparable-store sales rose 7% for the same period.

Net income for the fourth quarter of 2012 was $4.9 million, or 4 cents per common share on a fully-diluted basis, compared with net loss for the fourth quarter of 2011 of $11.2 million or 11 cents per common share.

February 15, 2011

Walgreens last month promoted Mia Scholz from corporate VP accounting and controller to SVP accounting and controller. She joined Walgreens in 1999 as director of internal audit. She was named a divisional VP in 2003, and promoted to corporate VP accounting and controller in 2007.

CHICAGO — Walgreens last month promoted Mia Scholz from corporate VP accounting and controller to SVP accounting and controller. She joined Walgreens in 1999 as director of internal audit. She was named a divisional VP in 2003, and promoted to corporate VP accounting and controller in 2007.

Before joining Walgreens, Scholz was a senior manager for Arthur Andersen LLP in Chicago.

She received a bachelor’s degree in accounting from Miami University in Oxford, Ohio, in 1988.