Restatements Pt. 2: Evaluating Accounting Errors When Things Go Sideways
In this second episode of our two-fer on restatements, we look at the guidance and some best practices for those moments when an accounting error rears its ugly head.
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Show Notes
Accounting doesn’t always go smoothly. Errors can and do happen, even for the most veteran of accountants, CFOs, and companies. So what do you do when mistakes join the reporting party? That’s exactly what Adam Olsen, Zac Smith, and Nicole Harger discuss in this second episode of our Accounting Matters series on restatements. So turn it up!
For more information on accounting errors, financial reporting, and related topics:
ASC 250—Accounting Changes and Error Corrections
10 Reasons Your Financial Reporting Is Too Slow Or Inaccurate
5 Struggles To Overcome Around Year-End Financial Reporting
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