Thu 5 Apr 2007
Internal Investigation into Dell’’s (DELL) Accounting Delays its Annual Report Due to
Posted by admin under accounting
Dell (DELL) is still in the doghouse. The firm announced this morning that it wouldn’t file its annual report on time due to the fact that it has yet to finish an internal investigation into its past accounting practices.In 2006, the firm delayed filing its second-quarter and third-quarter reports because of the internal probe and has yet to file those reports…( Read More )
U.S. Diesel Fuel Cost Survey
WASHINGTON - Apr 5/07 - SNS — The weekly diesel price provides a proxy for trends in U.S. truck rates, according to the USDA. Diesel fuel is a significant expense for agriculture commodity movements by truck, accounting for 37% of the estimated variable cost.
A.P. Pharma’s 10-K Report Audit Includes ‘Going-Concern’ Qualification
REDWOOD CITY, Calif.—-A.P. Pharma, Inc. , a specialty pharmaceuticals company, noted today that its financial statements for the fiscal year ended December 31, 2006, included in the Company’s Annual Report on Form 10-K filed on March 30, 2007, contain a going concern modification to the audit opinion from its independent accounting firm, Odenberg, Ullakko, Muranishi, & Co., LLP.
Newpark Names New Controller
Newpark Resources, Inc. has appointed Gregg Piontek, 36, the company’s new Controller and Chief Accounting Officer, effective April 2, 2007.
Duane Reade uncovers accounting issues
The problems stem from two real-estate transactions that may have been improperly recorded in 2001 and 2004.
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