Consulting firm BearingPoint Inc., the spinoff of KPMG's former consulting business, reported a $546.2 million loss for 2004 and said that it still faces liability issues under the Foreign Corrupt Practices Act.
In a nearly 2,000-page filing with the Securities and Exchange Commission, BearingPoint aired all of its dirty laundry, providing its long-delayed 2004 results and attempting to show it is moving on from its accounting troubles.
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