Learn about how KART can analyze system data from 5,000 contracts to identify the 500 precise adjustments for a restatement.
Discovering a business unit has been improperly recognizing revenue. Adopting a new accounting standard that requires retroactive restatement. Recasting prior years’ statements to realign business segments. Disposing of a business that qualifies for discounted treatment. Each of these situations requires restatements involving deep investigation, account reconstruction, data collection and analysis—all while maintaining day-to-day operations.
Our Financial Reporting Issues & Restatement Services team, comprised of diverse and deeply experienced professionals, can address your complex restatement-related issues, from accounting, tax and financial reporting to investigation and remediation services. Through our insights, guidance, customized strategies and innovative technology, we can help you evaluate accounting errors; investigate forensic and expert witness services; fix internal control problems, improve corporate governance; enable business transformation; and retrospectively adopt new accounting standards.