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Sustainability
5 Tips to Get Your Sustainability Story to the Stakeholders Who Matter
Sustainability reports are an important tool in a CFO’s strategic communications arsenal that helps attract employees, customers, and capital.
By
Leigh Ann Johnston
| January 30, 2023
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restatement
Financial Reporting
WeWork to Restate Due to Accounting Error
The error relates to the classification of shares that were issued when WeWork's SPAC acquirer went public.
By
Matthew Heller
| December 2, 2021
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Regulation
Tandy Leather Fined for Faulty Inventory Tracking
The SEC says the limitations in Tandy's tracking system resulted in inaccurate information being included in its financial statements going back to 2016.
By
Matthew Heller
| July 21, 2021
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Risk & Compliance
Hamilton Beach to Restate Two Years of Results
The home appliance firm said employees of its Mexican unit engaged in unauthorized transactions that resulted in recording of unrealizable assets.
By
Matthew Heller
| June 12, 2020
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Financial Reporting
Kraft Heinz to Restate Results for Nearly 3 Years
The company says employee misconduct resulted in the cost of products sold being understated by $181 million.
By
Matthew Heller
| May 6, 2019
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Growth Companies
KushCo Loss to Double With Earnings Correction
The pot-packaging company says accounting errors related to recent acquisitions caused it to misstate financial results.
By
Matthew Heller
| April 10, 2019
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Revenue Recognition
MoviePass Owner Says Q3 Revenue Overstated
Helios & Matheson Analytics incorrectly recognized $6.6 million in revenue from MoviePass, bringing its third-quarter loss to $146.7 million.
By
Matthew Heller
| March 12, 2019
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Financial Performance
Molson Coors Restates Tax Liabilities by $247M
The restatement of results for 2016 and 2017 is "one more headache for [Molson] as it struggles to right sales in the challenging U.S. market."
By
Matthew Heller
| February 12, 2019
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People
MiMedx Announces Restatement, Replaces CFO
The biotech firm's stock falls 23% but its CEO says, "It is important that investors understand that our business performance remains strong."
By
Matthew Heller
| June 7, 2018
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Revenue Recognition
WageWorks to Restate Results, CFO Resigns
The benefits company's internal investigation found “a material weakness in its internal control over financial reporting."
By
Matthew Heller
| April 6, 2018
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Revenue Recognition
Hain Completes Audit of Revenue Woes
The natural products maker reported that it did not have to make material changes to its previously reported financial statements.
By
William Sprouse
| June 22, 2017
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