Celadon

Discussion in 'Report A BAD Trucking Company Here' started by pete1, May 7, 2017.

  1. Opus

    Opus Road Train Member

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    read the article......fired KPMG to hire a half azzed outfit out of Missouri at 3 times the previous rate.
    seriously, if you're caught up in this, you need to read........
     
    sevenmph and 48Packard Thank this.
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  3. laaylor

    laaylor Road Train Member

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    "May 8th: BKG withdrew...."
     
  4. laaylor

    laaylor Road Train Member

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    Trucking info article: May 8th..
     
  5. AtticusRoad

    AtticusRoad Medium Load Member

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    For you sir!
    What's your favorite, non swear word, to call people_ _ Page 3 _ The ___.jpg
     
    laaylor Thanks this.
  6. laaylor

    laaylor Road Train Member

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  7. mjd4277

    mjd4277 Road Train Member

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  8. Opus

    Opus Road Train Member

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    BEHIND THE NEWS: Inside the issues that grounded Celadon | 2017-05-11 | Indianapolis Business Journal | IBJ.com

    BKD, a regional accounting firm headquartered in Missouri, stepped in as Celadon’s auditor after the company dismissed KPMG in October 2013. KPMG a year earlier had dinged Celadon for a material weakness in its internal controls—a finding that led the company to restate financials for fiscal 2011 and two quarters of 2012.

    dismissed because KPMG wouldn't cook the books.......

    BKD pocketed $693,000 in fees, according to a company proxy statement. That’s $444,000 more than it received two years earlier and more than double what KPMG had been getting.•
     
    Toomanybikes, sevenmph and tow614 Thank this.
  9. mjd4277

    mjd4277 Road Train Member

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    And if there's an investigation or worse case scenario a trial into Celadon I wouldn't be surprised if there are some "material witnesses"/whistleblowers from KPMG that may be called to testify. Food for thought.
     
    sevenmph Thanks this.
  10. laaylor

    laaylor Road Train Member

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    Did you read the last few lines of that article? It says this article is the "opinion" of the author.. I've read many other articles where other analysis of this authors article has said: they disagree with a lot of what he said in that.. the trucking truth article on May 8th is fact based and not biased..
     
  11. Western flyer

    Western flyer Road Train Member

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    Just don't knock on my door trying to bum a ride
    Home after they leave you stranded.
     
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