8-KOther Events

COCA COLA CO 8-K Report (Aug 14, 2002)

Filed August 14, 2002For Securities:KO

Summary

The Coca-Cola Company filed an 8-K report on August 13, 2002, primarily to disclose the submission of sworn statements by its CEO, Douglas N. Daft, and CFO, Gary P. Fayard. These statements, executed on August 13, 2002, and delivered to the SEC, relate to facts and circumstances concerning the company's Exchange Act filings. This action was taken in the context of the recently enacted Sarbanes-Oxley Act of 2002 (SOX), which mandated enhanced financial reporting and executive accountability. Furthermore, this 8-K filing serves to confirm that The Coca-Cola Company also filed its Quarterly Report on Form 10-Q for the period ending June 30, 2002, on the same day. Crucially, this 10-Q filing included the certifications required by Section 906 of SOX, signed by both the Principal Executive Officer and the Principal Financial Officer. While the 8-K itself doesn't contain financial performance details, it highlights the company's proactive compliance with new, stringent regulatory requirements following the accounting scandals that led to SOX.

Key Highlights

  • 1Submission of sworn statements by CEO Douglas N. Daft and CFO Gary P. Fayard regarding Exchange Act filings.
  • 2Statements executed on August 13, 2002, and delivered to the SEC.
  • 3Filing confirms The Coca-Cola Company's Quarterly Report on Form 10-Q for the period ending June 30, 2002, was filed on August 13, 2002.
  • 4Included are Section 906 certifications required by the Sarbanes-Oxley Act of 2002, signed by the CEO and CFO.
  • 5The 8-K serves as a procedural document confirming compliance with new regulatory mandates, particularly SOX.
  • 6No new financial performance data or operational updates are presented in this specific 8-K filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the submission of sworn statements by The Coca-Cola Company's CEO and CFO to the SEC regarding the accuracy and circumstances of the company's Exchange Act filings. It also serves to confirm the simultaneous filing of the company's Q2 2002 Form 10-Q and the required Sarbanes-Oxley Act certifications.

No, this specific 8-K filing does not contain new financial results or operational updates. Its focus is on regulatory compliance and the submission of executive certifications in light of the Sarbanes-Oxley Act of 2002.

The 'Statements Under Oath' are sworn declarations by the principal executive and financial officers affirming the accuracy of the company's financial reporting. They were required as part of the new accountability measures introduced by the Sarbanes-Oxley Act of 2002, enacted in response to major corporate accounting scandals.

This filing is a direct result of the Sarbanes-Oxley Act of 2002. It demonstrates The Coca-Cola Company's compliance with the Act's requirements, specifically the submission of sworn certifications by its top executives alongside its quarterly financial reports (Form 10-Q).