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Reorganization - USA - Navistar to Restate Results Back to 2002
Chicago,Ill,USA -Washington Post, by DAVE CARPENTER /AP -Apr 7, 2006: -- Truck and bus maker Navistar International Corp., which has been sorting through accounting problems for months, said Friday it has dismissed its auditors and will restate financial results dating back to 2002... The restatements will cover fiscal years 2002-04 and the first nine months of fiscal 2005, Navistar said... As part of accounting overhaul, the parent of International Truck and Engine Corp. said its board of directors has fired Deloitte & Touche as its auditor and hired KPMG... The Warrenville, Ill.-based company said that because of the change in auditors, it still doesn't know when it will file its overdue 2005 annual report or issue first-quarter results for 2006...
posted by Unknown @ 12:33 PM
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