NEC filed restated reports to the Japanese authorities in June after it found that an employee had inflated sales by $200 million with false deals.
The El Paso Corporation, the pipeline operator, said yesterday that its book value would fall by $2.4 billion as it restates reports dating to 1999 to correct improper accounting for energy reserves and contracts.
It was not until Monday, Oct. 31, that the firm restated its report to show the original submission was false and there was, in fact, a substantial shortfall in segregated funds.
The restated results for the four years will be included in those reports.
The report restated the president's vow to increase the number of college graduates by 50 percent by 2020, and laid out how the federal government has spent billions in grants and tax breaks to help ease the effects of rising tuition and fees.
The fun started Mar. 20, 2000, when the company restated previously reported earnings, turning 1998′s and 1999′s profits into losses.
In particular, Lernout & Hauspie's dealings with other language-development companies in the so-called Language Valley centered in Ieper, should be restated, the report said.
The report restates the link between corporate responsibility and corporate governance, and supports the use of stewardship codes and Directors' duties to advance CSR "ownership" and mainstreaming within the company.
DealBook » Diamond Foods Gets Warning From Nasdaq | A missed deadline by Diamond Foods, which is in the process of preparing restated financial reports after a revelation of accounting problems, could lead to its being delisted from the Nasdaq, Reuters reports.
The recent report by the General Accounting Office restated that the Peace Corps' highest priority is the health, safety and security of its volunteers.
The Westbury Metals Group Inc., (O.T.C.: WMET) said Tuesday that there would be further delays in filing its financial reports for the year ended June 30, 2000, and restated financial reports for fiscal quarters ended Dec. 31, 1999, and March 31, 2000.
