Restatement
A revision in a company's earlier financial statements.
Retained Earnings ...
It is critical that quarterly statements are done properly, as they can result in restatements. A restatement generally requires halting the trading of a security.
^ Milton Friedman (1956), 'The Quantity Theory of Money: A Restatement' in Studies in the Quantity Theory of Money, edited by M. Friedman. Reprinted in M. Friedman The Optimum Quantity of Money (2005), pp. 51-67.
The Prudent Investor Act, which was adopted in 1990 by the American Law Institute's Third Restatement of the Law of Trusts ("Restatement of Trust 3d"), ...
But investors are sketched out; last March, the company announced it had discovered "accounting irregularities" that led to restatements and a long filing delay for its 2009 10-K.
You will have to review the individual filings for specific disclosures. You also will have to check subsequent filings for any amendments or other changes to the filings, including any restatements to the company's financial statements.
Financial markets are often materially affected by the release, which is timed to be an hour before the opening of the market that morning. It should again be emphasized that the report is volatile and restatements can be sizable.
 See also: Market, Report, Stock, Investment, Close
  
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