In matters of doctrine it was primarily a restatement (with some modifications) of the Presbyterian Westminster Confession (1646), but in the declaration concerning church government it advocated the autonomy of each local church.
Jeffrey Halpern, an analyst at Sanford C. Bernstein, said he assumed that the company would have discussed any possible restatement with the S.E.C. "If Mr. Notebaert is doing this, he has talked with the S.E.C. and will remove the things they object to most strenuously in the financials," he said.
These factors would require a restatement, with class action litigation in the offing.
No listing would be allowed for companies unless they have a policy on clawbacks and recovery from any compensation awarded within the past three years based on an accounting restatement, with or without fraudulent intent.
For example, if you began the original thesis with a prepositional phrase, start the restatement with the subject of the sentence.
In 2000 alone, the latest year for which statistics are available, there were 156 restatements, compared with an average of 49 a year from 1990 through 1997.
For instance, if the thesis starts out "Around the turn of the nineteenth century in England, women frequently…", you might start your restatement out with something like "Women in early nineteenth-century….".
The company is still dealing with financial restatements as well as criminal and securities investigations.
Most restatements, 51percentt, came from companies with annual revenue of less than $100 million, the group said.
Since then, EM.TV has gone steadily downhill, shocking investors with drastic earnings restatements and heavy debts.
