SEC makes no judgement yet on pension accounting


LIVONIA, Mich., Oct 29 (Reuters) - The U.S. Securities and Exchange Commission is probing whether companies are fraudulently inflating earnings through their corporate accounting for pension and health care costs, but has made no judgment yet, the head of the agency said on Friday. Chairman William Donaldson said requests for accounting information from six major U.S. companies carry "no insinuation" of malfeasance or wrongdoing. "I emphasize that we are not making a judgment here," ...

Premium Content (PAID Subscription Required)

"SEC makes no judgement yet on pension accounting" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Dec 6, 2016

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×