ACC 537 Week 6 Financial Statement Restatement Paper KIT Digital Inc. to Restate Financial Statements
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KIT Digital Inc. to Restate Financial Statements
ACC 537
KIT Digital Inc. to Restate Financial Statements
KIT Digital is a world-wide company that is popular among many well-known names. KIT manages video software for companies across the world and provides services to close to 2,500 clients (2012). These clients have the ability, through KIT digital, to deliver video capabilities to their consumers from any area of the world. AT&T, Volkswagen, Verizon, and Vodafone are some major associated clients that reside in over 50 countries. This major company, with offices in over 12 countries, has issued a notice to restate multiple financial statements in recent years (2012).
The financial records for years ending December 31, 2009 through 2011 will be restated by KIT digital. ...
