TITLE:
Financial Restatement Research Literature Review
AUTHORS:
Yazhi Mao
KEYWORDS:
Accounting Information, Financial Report, Financial Statement Restatement
JOURNAL NAME:
Modern Economy,
Vol.9 No.12,
December
13,
2018
ABSTRACT: In recent years, listed companies have become more
and more common about financial statement restatement due to erroneous or
misleading information in previously published financial reports. Financial
restatement has also become a hot topic in accounting research. Through
reviewing the financial statement restatement in recent years, the paper
summarizes the causes and consequences of the financial statement restatement,
the influencing factors of financial restatement, and the reaction of the
company after financial restatement, hoping to be able to list listed companies
in China’s emerging transition market. It is helpful to improve the quality of
accounting information.