Collins & Aikman audit committee retains counsel

Newswire

LOS ANGELES, March 24 (Reuters) - Auto parts supplier Collins & Aikman Corp. said on Thursday its audit committee has retained independent counsel to assist it in its investigation of accounting for certain supplier rebates, which will result in a restatement of 2004 earnings. The company previously reported that certain accounting for supplier rebates led to premature or inappropriate revenue recognition or was inconsistent with relevant accounting standards. As previously ...

Premium Content (PAID Subscription Required)

"Collins & Aikman audit committee retains counsel" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×