Mirant Accounting Mistakes. Mirant Corp. (MIR) said it overstated earnings from Jan. 1, 1999 through June 30, 2002 by $41 million because of accounting errors. The merchant-energy company said Thursday that total income for the period was about $1 billion, and that a review of the accounting errors found no fraud. Mirant said … [Read more...] about Mirant Admits To Accounting Mistakes Over 3 Years

Mirant Overstating Income. Mirant Corp. said it overstated net income by $41 million from 1999 to 2002 as it filed a long-delayed second-quarter financial report with the Securities and Exchange Commission on Thursday. The energy supplier also filed an amended report for the first quarter and said it will reaudit financial results … [Read more...] about Mirant Admits to Overstating Income