On the recordJuly 17, 2017
The number of public company material financial statement restatements has gone down 90 percent from 460 restatements in 2005 to 51 restatements in 2016.
Source
congress.govThe number of public company material financial statement restatements has gone down 90 percent from 460 restatements in 2005 to 51 restatements in 2016.
Himes highlights a significant decrease in financial statement restatements over the years.
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