The CFO must disclose the reason for the error correction,include a reconstruction of the income statements and balance sheets indicating the change in income before taxes,income taxes,net income,and earnings per share.Comparative income statements and balance sheets should be retrospectively adjusted to reflect the corrected data for each year presented.

Question

Quizplus · Accepted Answer

The Answer of The CFO must disclose the reason for the error correction,include a reconstruction of the income statements and balance sheets indicating the change in income before taxes,income taxes,net income,and earnings per share.Comparative income statements and balance sheets should be retrospectively adjusted to reflect the corrected data for each year presented.

The CFO Must Disclose the Reason for the Error Correction,include