2017 Financial Restatements Review

The annual Audit Analytics report on financial restatement trends is now available. This report provides a detailed analysis and comparison of trends in financial restatements over a seventeen-year period. Some key highlights include:

  • Reissuance Restatements declined for the eleventh year in a row.
  • Around 77% of restatements disclosed by 10-K filers were Revision Restatements.
  • Total restatements dropped for three consecutive years to a 17-year low.
  • There were 184 restatements filed by accelerated filers, and 236 restatements disclosed by non-accelerated filers.
  • The average number of days restated decreased, and was much lower than the 737 days experienced during 2005.
  • 168 of the restatements disclosed by publicly traded companies had no impact on earnings.


Subscribers can login and download the report from our website. All others can purchase the report here.

For more information on financial restatements, email us at info@auditanalytics.com or call (508) 476-7007.