Sentence examples for restatement that from inspiring English sources

The courts have never said so, but the rule of thumb is that any accounting restatement that throws off earnings by 5 to 10 percent is material.

Fannie Mae's $6.3 billion earnings restatement that was disclosed this month also revealed a big bill: the $201.5 million in audit fees paid to the accounting firm Deloitte & Touche for 2004.

C1 Qwest Weighs Restatement A new team of top executives at Qwest Communications International is considering a restatement that would erase about $1 billion of revenue from last year's results, people briefed on the matter said.

A new team of top executives is mulling a restatement that would erase about $1 billion of revenue from last year's results, people briefed on the matter said yesterday.

If Herbalife's new auditor does seek to force a restatement, that will be seized upon by advocates of mandatory auditor rotation as support for their argument that auditor independence is inevitably compromised by long tenures of the incumbent firm, and that companies should be required to change firms every decade or so.

Sometime soon Fannie will put out an earnings restatement that will put the mischief behind it.

Huron said it counted only restatements that resulted from errors and not restatements because of changes in accounting principles or nonfinancial issues.

Also today, Alan Greenspan, the Federal Reserve chairman, warned that the wave of earnings restatements that have hurt stock prices lately was not over.

OTTAWA, Oct. 27 - Nortel Networks, North America's largest maker of telecommunications equipment, has postponed for a second time the release of financial restatements that were expected this week.

(AP) DELPHI SETTLES SUITS The auto parts maker Delphi said yesterday it had settled class-action lawsuits by shareholders and employees that grew out of financial restatements that were the subject of civil fraud charges the company settled last year.

And she said that the $115 million pension-related charge Xerox planned to take this quarter would bring to an end, at least for now, the steady stream of restatements that have marred its performance for two years.