ACC 537 Financial statement restatement paper

Individual Assignment: Financial Statement Restatement Paper

Resource: Ch. 22 ofIntermediate Accounting

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 areCFOandJournal of Accountancy.

Write a paper of no more than 700 words 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.

Barnes & Noble restates its financial statement

A Nook station inside Barnes & Noble

Introduction:

Barnes & Noble had to restate its financial statements in the wake of a material error...