Financial Accounting Blog

Monday, March 01, 2004

An article posted on NYSSCPA.ORG from the Wall Street Journal states the U.S. is examining Coca-Cola Co.'s dealings with Japan's Takasago International Corporation.
Federal investigators in the U.S. are examining Coca-Cola Co.'s dealings with a Japanese company in connection with allegations the Atlanta beverage company overstated financial results for several years by shipping excessive beverage concentrate to Japan, The Wall Street Journal reported Monday citing people familiar with the investigation.