InvestorWords.com

restatement


Definition
A revision to one or more of a company's financial statements. A company may need to issue a restatement on its previously announced financial information for many reasons, including simple calculation mistakes, or as a result of discovering fraudulent accounting activity.


Related Videos




Search for another term


Related Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z