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Published by: Harvard Business Publishing
Originally published in: 1981
Version: 1 April 1984

Abstract

Summarizes the investigation conducted by outside legal and accounting firms under the Heinz audit committee. Improper practices were found at three of the five Heinz domestic divisions and at a number of foreign operations. Presents restated financial data for the period, filed by Heinz with the SEC. Summarizes the committee's assessment of contributing factors and its conclusions.
Location:
Industries:
Size:
USD2 billion sales
Other setting(s):
1972-1981

About

Abstract

Summarizes the investigation conducted by outside legal and accounting firms under the Heinz audit committee. Improper practices were found at three of the five Heinz domestic divisions and at a number of foreign operations. Presents restated financial data for the period, filed by Heinz with the SEC. Summarizes the committee's assessment of contributing factors and its conclusions.

Settings

Location:
Industries:
Size:
USD2 billion sales
Other setting(s):
1972-1981

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