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What is restatements?

Updated: 11/21/2022
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10y ago

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The word is to reiterate (repeat again, usually for emphasis).

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Llewellyn Hermiston

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Q: What is restatements?
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What has the author L S Rosen written?

L S. Rosen has written: 'Current value accounting and price-level restatements' 'Cases in accounting and business administration'


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Is the Uniform Commercial Code primary or secondary authority?

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Persuasive authority is also know as what?

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What is the treatment under percentage of completion method if the cost to date is greater than the estimated cost?

First you will have to reestimate the new total cost of the project. Divide the cost to date by the new, restimated total cost. Multiply the ratio just computed by the contract price to get the new revenue recognition (inception to date). Subtract the previous period inception to date revenue from the the revenue you just calculated. The remainder is the current period revenue recognition. If the number is negative ad material, there may be some accounting treatments (restatements of prior periods) and possibly some tax look back treatments.


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Where are St Thomas' five proofs of the existence of God?

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