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It stresses that there has been no restatement of financial results, like at Enron or WorldCom though it is surely undeniable that the firm has restated data of great importance to investors.In this section The next big thing?
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"At no time did I engage in any improper conduct that relates to any restatement of revenue the company is considering," he said, also denying that he had given the board or auditors incorrect information.
To the parents, the committee's conclusions were no more than an expensive restatement of what had been obvious for more than two years.
The imagined eclectic synthesis of all the various ways of life into some total-comprehensive dào is no more than de-facto restatement of their co-existence in a single natural world as optional ways of life.
With almost no variation, they complained only of concern, for which the Restatement provides no guidance as to whether damages should be awarded.
It was a great restatement, and no less great for that.
There is no biography beyond the restatement of some well-known facts: he grew up in Rimini, the Italian seaside resort, and was married for many years to Giulietta Masina, who starred in many of his pictures.
Freddie Mac has said repeatedly, and emphasized again yesterday, that the restatement has no impact on the actual results of its business last year, and simply affects when the profits it made in 2002 are reported.
Although this was intended as no more than a restatement of the party line, it upset a lot of people by its brutal and hectoring tone – the Bishop of Oxford, for example, wrote later to his clergy: "I apologise for the tone of the letter … It was written by committee and that is always bad news".
The restatement had no impact on the company's cash balance and little on its stock; the shares have been essentially stuck at around $30 since 2002.
Third, the restatement may carry no tax implications simply because the firm did not report inflated earnings for tax purposes or only used non-tax conforming methods to adjust its earnings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com