After a tumultuous two years, Dell has finally completed its internal investigations of its accounts and restated results from 2003 to the first quarter of 2007.

The internal investigation, which was completed in August, found that senior executives had used 'accounting tricks' to inflate figures and so meet quarterly performance targets.

During this period, Dell cut its net income by $92m – from a previously reported net income of $12bn.

Earnings per share were reported $0.03 per share, down from the previously stated $4.78, Computerworld.com reported.

The company also reduced revenue by $359m from a previously reported $196.2bn.

The company had faced delisting by the SEC several times for failing to file its earnings reports on time. The SEC is still investigating Dell for periods before 2006.

Further reading:

Four years of Dell results to be restated

Dell to delay quarterly filings

Dell founder drawn into accounting scandal