[Texasforever]

From the article

And the SEC can't overlook the delay of more than a year before Halliburton told investors that its accounting had changed.

The Halliburton change notice was clearly less than a year so I don't understand why the article says over a year.

[Torie]

The problem if if there is a financial statement that has numbers that reflect a material accounting change, otherwise not disclosed. That simply won't fly. If the change was disclosed on the 10K, than maybe the problem was with the 10Q's. If no financial statements were issued after the change but prior to the disclosure, than there isn't a problem. We simply need to know more about the underlying facts here.