DELRAY BEACH, Fla. (AP) _ Sunbeam Corp. warned Tuesday that its 1997 financial statements may be inaccurate and a review may require a restatement of earnings for the first-quarter and all of last year.

Shareholder suits already question Sunbeam's finances, and the Securities and Exchange Commission has launched an informal investigation to see whether more scrutiny is needed.

The Delray Beach-based company said it has hired the accounting firm of Deloitte & Touche to review the work of Sunbeam's outside accountant Arthur Andersen & Co.

On June 15, Sunbeam fired chairman Al Dunlap after its stock sank, sales lagged and confidence in the company fell. Dunlap, nicknamed ``Chain Saw Al'' because of his reputation as the king of corporate job-cutters, had been hired to help turn the company around.