Lpc2000

LPC2114 ; 14.7456 MHz XTAL
PCLK configured to 14.7456 MHz

After using PCLK to initialize the real time clock along with other 
peripherals (UART, Timers), I noticed the RTC time registers (MIN, 
SEC, HOUR, etc.) are going 2 times faster than typical a stopwatch 
(ie. I wait 10seconds and the RTC says 20). 

code....
..........
CCR = AMR = CIIR = ILR = 0;    //clear all RTC Misc registers
SEC = MIN = HOUR = 0;          //clear timer registers being used

//Setup Prescalar Values
PREINT = (PCLK/32768) - 1;                //integer value
PREFRAC = PCLK - ((PREINT + 1)* 32768);   //fraction value

CCR |= RTC_RESET;                         //reset timer
CCR &= ~RTC_RESET;
CCR |= RTC_ENABLE;                        //start timer
...............

After following the documentation as closely as possible, I'm still 
not sure why the RTC's going twice as fast. 

Can anyone clarified this issue?