Resource: Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2007). Intermediate accounting (12th ed.). Hoboken, NJ: Wiley. (Chapter 22).
Instructions:
Locate an article from a financial periodical from the past 2 years about a company that restated its financial statements due to an error in accounting principal. Examples of periodicals are CFO and Journal of Accountancy.
Write a 700 word paper paper (paper must be 700 words or more, if less than 700 words, points will be deducted.) with references discussing the restatement of the company, the accounting principals involved, the effect of errors and changes on financial statements, and the affect on the stockholders.
Format your paper consistent with APA guidelines. Please use credible references and original work.
