He said the tax authority had made a gross accounting error of about 200 million marks.
When they discovered that the profits were due to an accounting error, development almost ended.
Of course he says no, its $1 billion and that's an accounting error.
I wondered what his people would do about a 75-cent accounting error.
At almost the same time, a major accounting error was discovered.
Will its admission of a second accounting error make a difference?
Its disclosure of a second accounting error now takes the company's total fraud to more than $7bn.
Such a security compromise was more important than the accounting error.
The company said the impact of the accounting errors would lower its book value by $1.7 billion.
"This is purely and simply an accounting error," he said.