Goodyear To Certify Balance Sheet Accuracy
Following the recent examples of some US companies over-stating their profits, a rule has been introduced whereby organisations with a turnover exceeding $1.2 billion – and there are 947 listed – have to submit sworn statements certifying the accuracy of last year’s balance sheet and of figures for the first half of this year. The statements have to be with the US SEC-Commission by August 14th.
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