Event Details
January 01, 2005
Description
Material weaknesses in KLC's internal controls discovered during audit
Participants (2)
| Name | Type | Mentions | |
|---|---|---|---|
| Auditors | person | 0 | View Entity |
| KLC | organization | 174 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_024485.jpg
This document appears to be page 52 of a corporate filing (likely a 10-K) for KLC (Knowledge Learning Corporation), produced for the House Oversight Committee. It details risk factors affecting the business, including potential changes to child care tax credits, material weaknesses found in the 2005 audit regarding internal controls, and risks related to employee retention, minimum wage increases, and unionization efforts. While part of an Epstein-related document dump (likely due to Apollo Global Management's ownership of KLC), the text itself focuses on standard corporate operational risks.
Related Events
Events with shared participants
KLC's fiscal year 2005 audit
2005-01-01 • N/A
KLC fiscal year audit
2005-01-01 • N/A
KLC acquired Aramark Educational Resources (AER)
2003-05-01 • U.S.
KLC separated its education operations from its real estate assets.
2005-11-01 • USA
KLC divided its business into PropCo (real estate) and OpCo (operations).
2005-11-01 • N/A
KLC separated its education operations (KLC OpCo) from its real estate assets (KLC PropCo).
2005-11-01 • USA
Separation of business into operating (KLC OpCo) and property (KLC PropCo).
2005-11-01 • N/A
Separation of KLC into KLC OpCo and KLC PropCo
2005-11-01 • United States
Hypothetical date for pro forma financial adjustments
2004-01-01 • Unknown
Real Estate Transaction
Date unknown • Nationwide
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