Regulators are continuing their investigation into Grace's accounting, he said, and plan to file similar complaints against other companies.

The sixth largest American cable television operator is facing regulatory and criminal investigations into its accounting.

And it said it was continuing an internal investigation into the unit's accounting but did not expect further restatements.

And Time Warner is still working to resolve federal investigations into its accounting around the time of the merger.

Although some companies will incorporate the new rule into their accounting earlier, the insurers and banks are expected to hold off adopting it.

An executive at the American International Group, the insurance giant, has been put on leave amid a sweeping investigation into the company's accounting.

WorldCom said Monday that it was also looking into its accounting for 1999 and 2000.

Until now, investors had basically shrugged off Freddie Mac's investigation into its accounting.

Tyco said it would cooperate with the investigation and was unaware of a wider inquiry by the commission into its accounting.

Now that the company has settled a federal investigation into its accounting, its stock is rising on speculation about a buyout.