Dollar General to review lease accounting
February 23, 2005-- Home Textiles Today,
GOOTLETTSVILLE, Tenn. — Dollar General is the latest retailer to announce it will review its accounting procedures related to leasing transactions because of a recent "clarification" from the Securities and Exchange Commission.
The review is likely to require a charge to the company’s financial statements for the current year and potentially for some prior years. Dollar General will complete the review prior to filing its annual report, Form 10-K, it said.