Scrambling to head off charges amid an ongoing federal accounting investigation, Computer Associates ( CA) on Monday restated its financial results for 2000 and 2001 and named former Vivendi executive Kenneth Cron to the position of interim CEO.

The restatements, which have the effect of shifting revenue from one quarter to another and which result in slightly higher net totals, reflect a previously uncovered scheme in which finance executives at the Islandia, N.Y., software giant backdated revenue recognition to meet quarterly sales goals.

Three former finance officials recently pleaded guilty to fraud charges in the accounting scheme, and the company's CEO, Sanjay Kumar, resigned last week amid reports that federal investigators had trained their sights on him. Kumar was replaced on an interim basis Monday by Cron, an independent board member. The company also named its CFO, Jeff Clarke, to the additional position of chief operating officer.

According to a press release, Computer Associates' audit committee found that a total of $2.2 billion of revenue was booked prematurely within fiscal 2000 and 2001, about $1.782 billion in fiscal 2000 and $445 million in fiscal 2001. The restatement resulted in a revenue decrease of $2 million to $6.092 billion in 2000 and an increase of $558 million to $4.748 billion in 2001.

There was no earnings impact in 2000, while the 2001 loss for the year dropped by $333 million from a previously reported loss of $591 million, or $1.02 a share, to a restated loss of $258 million, or 44 cents a share.

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