Hertz Global Holdings Inc., the car-and equipment-rental company that’s splitting in two, delayed publishing its second-quarter financial report as it continues reviewing accounts for the past three years.

Hertz wasn’t able to meet yesterday’s deadline, or a five-day extension period, for submitting its 10-Q form to the U.S. Securities and Exchange Commission because of a “previously announced thorough review of its internal financial records” for the three years through 2013, the Naples, Florida-based company said today in a filing.

The rental provider’s audit committee said in June that financial statements for 2011 need to be restated, affecting figures reported in the next two years. Errors emerged when Hertz was preparing first-quarter accounts, including in capitalization and depreciation timing for “certain non-fleet assets.”

It also found mistakes in accounting for money it couldn’t collect from customers who damaged vehicles or equipment.

Hertz outlined plans in March to spin off its equipment-leasing business to focus on car rentals, creating two publicly traded companies.

To contact the reporter on this story: Tom Lavell in Frankfurt at tlavell@bloomberg.net To contact the editors responsible for this story: James Boxell at jboxell@bloomberg.net David Risser, Kim McLaughlin

Tags: earnings, hertz
Photo Credit: A Hertz sign is seen outside a rental car office in Ferndale, Michigan, on May 9, 2011. Rebecca Cook / Reuters