acc573001va

Overview

The need to restate corporate financial statements is relatively rare, but they do exist, and for a myriad of reasons. In this learning activity, you describe factors that contributed to the need to prepare a financial restatement.

Preparation

Search the Internet or the Strayer Nexis Uni Database for a company that published a financial restatement in 2019 due to a GAAP violation. You will use this research to complete this activity.

Note that you will use your selected company in next week’s assignment, as well.

• Instructions

Provide a link to the restatement that you have chosen.

Write a 1-page analysis of the factors that forced your chosen company to publish a financial statement restatement.

• This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.