Tyson Audit - AG INFORMATION NETWORK OF THE WEST
Tyson Audit From the Fence Post Your Trusted Source for Ag News & Information, on Dec. 21, 2020, Tyson Foods announced that an internal audit discovered one of their cattle suppliers made misrepresentations about the number of cattle purchased on behalf of the company. Tyson paid the supplier for cattle that they believed had been purchased; however, they never received those cattle. Investigations performed with the help of outside advisers revealed that the misappropriation of company funds caused Tyson to overstate their live cattle inventory by an estimated $285 million as of t...