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Ceridian Warns of - Material Weakness

The company also announced that it will change its accounting treatment for its interest-rate and fuel-price derivative securities.

> > Ceridian Corp., a human-resources outsourcing company, warned that its accounting firm will not be able to issue a positive opinion on internal controls in 2004 annual report for the company because it may have identical a "material weakness" during the Sarbanes-Oxley Section 404 compliance process.
Source: CFO


Published:2005-02-02
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