Effect of errors and changes on financial statements


Problem:

Locate an article from a financial periodical from the past 2 years about a company that restated its financial statements due to an error in accounting principal. Examples of periodicals are CFO and Journal of Accountancy.

Write a paper of no more than 800 words with references discussing the restatement of the company, the accounting principals involved, the effect of errors and changes on financial statements, and the affect on the stockholders.

Format your paper consistent with APA guidelines.

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Accounting Basics: Effect of errors and changes on financial statements
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