NEWS Fourth quarter results from Computer Associates are expected to show the company to be broadly in line with analyst expectations. Revenue for the period is expected to hit $770m. This is despite the company having apparently dropped its controversial "pro rata pro forma" accounting method, which has landed it in trouble with the Securities and Exchange Commission in the US. The method was adopted in 2000 and allowed the company to include older contracts that had already been accounted for.
CA to hit financial targets
But what about those controversial accounting practises?...
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