What Triggers Financial Restatements?

Topics:
Financial Statements,
Sarbanes Oxley Compliance
Tags:
Finance,
Financial,
Financial Accounting,
Financial Services,
Operational Accounting,
Penton Media Inc.,
Restatement
Source:
Penton Media

FREE Registration is required

Overview: Poor documentation of transactions, the wrong accounting treatment, lack of transparency, weak internal controls, and in rare instances fraud can wreak havoc on corporate and personal reputations. The incidence of financial restatements in the United States has soared in the past five years and the trend continues as the post-Sarbanes-Oxley era moves forward. CFOs intent on keeping their names out of negative headlines should understand the causes of this trend as well as the processes that kick into gear after a restatement has been filed with the SEC.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Oct 2005 | Pages: 6

People who downloaded this item also downloaded

White Paper Restate And Main
Case Study Revenue Recognition Fraud Or Error – The Case Of Microstrategy, Inc.
White Paper Organizational Culture and Fraudulent Financial Reporting

Top results from Sarbanes Oxley Compliance

White Paper Designing High Availability for SQL Server 2005
White Paper Total Economic Impact of SQL Server 2008 Upgrade
Webcast On Demand Webcast: A Smarter way to Successful SOA - Information as a trusted strategic asset
White Paper BPM and SOA: Better Together
White Paper Five Steps to Successful IT Consolidation

» View all Sarbanes Oxley Compliance listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).