27th February 2005 Archive
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IBM finds misconduct, earnings abroad
Puts nerds to work
The accountants at IBM had a busy week, restating earnings from 2004 and proposing changes to future results to take advantage of US tax laws relating to income earned overseas. IBM recently figured out that employees in Japan had incorrectly recorded the sales of third-party hardware. The company refused to provide exact …
Financial News 27 Feb 2005, 18:46
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