8-KOther Events

Parker-Hannifin Corp 8-K Report (Aug 14, 2002)

Filed August 14, 2002For Securities:PH

Summary

This 8-K filing from Parker-Hannifin Corporation, dated August 14, 2002, primarily serves to disclose executive certifications related to their annual report on Form 10-K for the fiscal year ended June 30, 2002. The certifications, provided by the Principal Executive Officer and Principal Financial Officer, attest to the accuracy and completeness of the financial statements and disclosures within the 10-K, confirming compliance with SEC reporting requirements and the Sarbanes-Oxley Act of 2002. For investors, this filing indicates the company's adherence to new, heightened corporate governance and financial reporting standards recently enacted. The certifications assure that the reported financial condition and results of operations are fairly presented and that no material misstatements or omissions exist in the company's public filings. This provides a layer of assurance regarding the integrity of the financial information available to the market.

Key Highlights

  • 1Parker-Hannifin's CEO and CFO provided sworn attestations regarding the accuracy of the company's FY 2002 Form 10-K.
  • 2The certifications confirm that the Form 10-K complies with Section 13(a) or 15(d) of the Securities Exchange Act of 1934.
  • 3Executives confirmed that the financial information presented in the 10-K fairly represents the company's financial condition and results of operations.
  • 4The attestations also cover the absence of material misstatements or omissions in 'covered reports' filed subsequent to the 10-K.
  • 5This filing reflects Parker-Hannifin's compliance with the newly enacted Sarbanes-Oxley Act of 2002 (Section 906).
  • 6The company's audit committee has reviewed these statements, adding a layer of internal oversight.
  • 7The filing was made on August 14, 2002, concurrent with the filing of the company's Annual Report on Form 10-K for the fiscal year ended June 30, 2002.

Frequently Asked Questions

The primary purpose of this 8-K filing is to disclose the certifications from Parker-Hannifin's Chief Executive Officer and Chief Financial Officer regarding the accuracy and completeness of the company's Annual Report on Form 10-K for the fiscal year ended June 30, 2002. This is in accordance with the requirements of the Sarbanes-Oxley Act of 2002.

The executive certifications assure investors that, to the best of their knowledge, the Form 10-K report does not contain any untrue statements of material fact and does not omit any material facts necessary to make the statements not misleading. They also confirm that the report complies with relevant SEC regulations and fairly presents the company's financial condition and results of operations.

Based solely on the content of this 8-K filing, there is no indication of any specific financial issues or restatements. The filing is a standard disclosure of executive certifications required under the Sarbanes-Oxley Act of 2002, demonstrating compliance with new reporting standards.

The review of these certifications by the company's audit committee signifies that the board's oversight committee has examined and approved the statements made by the CEO and CFO regarding the accuracy of the financial reporting. This suggests an internal governance process is in place to validate these crucial attestations.