The best definition of a financial restatement is: A company, either voluntarily or under...
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Accounting
The best definition of a financial restatement is: A company, either voluntarily or under prompting by its auditors or regulators, revises its public financial information that was previously reported An adjustment of financial information due to an error correction A company, either voluntarily or under prompting by its auditors or regulators, revises its public financial information for the current period All are part of the definition
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