CA to Request Filing Extension

ISLANDIA, N.Y. --Islandia, N.Y.-based CA Inc., which was formerly known as Computer Associates International, said after the close of trading Tuesday that it will ask the Securities and Exchange Commission for a 15-day extension for filing its annual report, Newsday reported.

The filing of the annual report was due Wednesday. The company said that it now expects to file on June 29, the paper reported.

CA delayed reporting the results May 30. In May, CA restated its third-quarter results and delayed reporting for the final three months of its last fiscal year after it said it had underestimated sales commissions, the paper reported.

The company said it has requested the 15-day extension because it does not expect to complete the preparation of its consolidated financial statements and management's assessments of internal control over financial reporting as required by the Sarbanes-Oxley Act of 2002 by the initial filing deadline of June 14, the paper reported.

-- NYSSCPA.org News Staff

Posted on 6/14/06

Close