Nortel Networks Corp. said that revenue reporting issues and remaining accounting matters will again delay the restatement of its financial results.
Initially, the company said that it would restate results for 2003 and report results for part of 2004 by the end of September. It then said that it would file those statements at the end of October, and then postponed again until mid-November. Now, Nortel said that is targeting completion within one to two months.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access