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Restatement of financial statements should be a red flag to investors and lenders. Choose a position and support it. Revisions to comparative...

Restatement of financial statements should be a red flag to investors and lenders. Choose a position and support it.Revisions to comparative financial statements and disclosure notes.At least 2 paragraphs please.

Restatement of financial statements occur due to accounting errors, changes in theaccounting principles , changes in the estimates or due to mandatory adoptions of newaccounting pronouncements....
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