restatements

When Are Execs Most Likely to Inflate Earnings?
Risk & Compliance

When Are Execs Most Likely to Inflate Earnings?

Earnings management tends to occur not when a company is getting little or a lot of attention, but rather when it's in the middle of those extremes.
By David McCann | June 6, 2018
Read More
Research Refutes Sarbanes-Oxley Critics
Risk & Compliance

Research Refutes Sarbanes-Oxley Critics

A new study offers strong evidence of a link between auditor-identified weak internal controls and subsequent fraud cases.
By David McCann | September 5, 2017
Read More
Why Workday Adopted New Revenue Recognition Rules Early
Revenue Recognition

Why Workday Adopted New Revenue Recognition Rules Early

CFO Robynne Sisco explains the reasons the company opted, unlike all but a few others, to be an early adopter of the new revenue recognition standard.
By David McCann | March 23, 2017
Read More
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
Read More
Ex-Valeant CFO Denies ‘Improper Conduct’
Risk & Compliance

Ex-Valeant CFO Denies ‘Improper Conduct’

Howard Schiller says he is not to blame for the incorrect recognition of $58 million in revenue that has caused Valeant to restate its financial results.
By Katie Kuehner-Hebert | March 21, 2016
Read More
Staffing Firm Fires CFO for Misstating Costs
Risk & Compliance

Staffing Firm Fires CFO for Misstating Costs

Barrett Business Services stock plunges 33% after it discloses James Miller made "“unsupported journal entries” in financial records.
By Matthew Heller | March 11, 2016
Read More
Tesco Settles Investor Class Action for $12M
Risk & Compliance

Tesco Settles Investor Class Action for $12M

The suit followed the U.K. grocer's admission that it overstated half-year profits by $377 million because of accounting errors.
By Matthew Heller | November 30, 2015
Read More
Clawbacks Trigger Disputes Between CFOs and Auditors
Human Capital & Careers

Clawbacks Trigger Disputes Between CFOs and Auditors

Senior finance executives are pushing back against restatements that could cost them incentive pay.
By David Katz | November 11, 2015
Read More
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
Read More