Roughly 745 companies were expected to certify their results by yesterday. Companies that have calendar fiscal years have until as late as Nov. 29 to file their sworn affidavits with the SEC.

Adelphia Communications, currently under investigation for off-balance-sheet loans to its founders, the Rigas family, made headlines by announcing it would not certify its financial results, and repeated it would restate its results from 1999 through 2001.

Tyco said Wednesday that it will conduct an internal investigation, led by the new CEO Edward Breen, into allegations that corporate funds were used improperly by senior executives. Meanwhile, the SEC continues its full-scale probe into the company's most recent annual report and quarterly statements.

Surprising some, AOL Time Warner executives managed to meet the certification deadline. However, on the same day, in a Form 10-Q filing for the second quarter in 2002, the company announced it had found $49 million in dodgy accounting in its advertising and commerce division and it was investigating other deals. According to the company's press release, this was based on information that it learned within the past 10 days.

The SEC has kept a tally of the certifications on its Web site, but no updates were made on the site Aug. 14. It is likely investors will have to wait until next week to find out which companies have certified their results, as companies have until Thursday to file a five day extension request.

See also: Companies Under Investigation