Financial restatements leveling off, except at large companies

摘要

The amount of financial restatements from public companies has leveled off in the past four years, and the severity of those restatements has remained low, according to a new report from the research firm Audit Analytics, but financial restatements have increased from accelerated filers for the third straight year. During 2010,157 accelerated filers - mat is, issuers with a public float of at least $75 million - disclosed restatements, followed by 210 in 2011; 282 in 2012 and 290 in 2013, according to the report.