financial restatements

Numbers Don’t Lie, Until They Do
Risk Management

Numbers Don’t Lie, Until They Do

A good number of controllers, financial analysts, accountants, and auditors don't completely trust the accuracy of their company's financial data.
By Vincent Ryan | March 21, 2019
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ComScore to Restate Three Years of Financials
Risk & Compliance

ComScore to Restate Three Years of Financials

An internal investigation concludes that the company incorrectly recognized nonmonetary transactions as revenue.
By Matthew Heller | September 16, 2016
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Most Companies that Make Restatements Avoid 8-Ks
Risk & Compliance

Most Companies that Make Restatements Avoid 8-Ks

But are they doing so just because the dollar amounts involved are not material? Research suggests another, less-wholesome motivation.
By David McCann | September 8, 2016
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Restatements Infect Reporting at Peer Companies
Financial Reporting

Restatements Infect Reporting at Peer Companies

Counterintuitively, corrections of misreported financials actually prompt peers to imitate the misreporting, a study finds.
By Matthew Heller | October 14, 2015
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SEC Official Urges Closer Look at Cash Flow Statements
Corporate Finance

SEC Official Urges Closer Look at Cash Flow Statements

The call is motivated by a steep rise in the percentage of financial restatements attributable to cash-flow errors.
By Matthew Heller | December 23, 2014
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