Sentence examples for restatements for from inspiring English sources

Exact(6)

It is not clear which firm will audit the financial restatements for 1997 through 2000.

WorldCom and the commission have been discussing the additional restatements for several weeks, according to people involved in the case.

That said, Andersen had the second-lowest rate of restatements for revenue recognition, the kind of correction that has the greatest impact on share prices.

In the same four-year period, the total number of restatements for all industries has nearly doubled, Arthur Andersen's report said.

Conigliaro said that the investigation still seems centered on fiscal years 2002 to 2006, roughly equal to calendar 2001 to 2005, suggesting that there is less risk to restatements for more recent results.

The restatements for the period reduced earnings by $613 million (or 23% of reported profits during the period), increased liabilities at the end of 2000 by $628 million 66% of reported liabilities and 5.5% of reported equity), and reduced equity at the end of 2000 by $1.2 billion (10% of reported equity).

Similar(54)

The company said last week that the S.E.C. was investigating its financial statements and earnings restatement for the 2002 fiscal year.

The restatement for the period, which ended March 31, resulted mainly from sales commissions that were $70 million higher than expected, CA said.

In a move to reassure advertisers, NatMags stressed: "The average restatement for the affected titles is less than 5% and there is no impact on the actively purchased circulation.

Reminiscent of its earnings restatement for 1997 through 2000, the company discovered even more errors in its accounting for income taxes for fiscal 2002 through the first half of fiscal 2005.

Tolle says that his book, The Power of Now, is "a restatement for our time of that one timeless spiritual teaching, the essence of all religions".

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