Tag: financial restatement

Study shows financial restatements are “handbooks of trickery” for copycat peer companies

by Cydney Posner No, it’s not from The Onion.  According to a study reported in CFO.com,  unless the restating company faces regulatory action or shareholder litigation, the company’s competitors may use its financial restatement as a how-to guide.  The study found that, instead of driving peer companies to examine their […]