2004 Annual Review of Financial Reporting Matters - Huron ...
2004 Annual Review of Financial Reporting Matters - Huron ...
2004 Annual Review of Financial Reporting Matters - Huron ...
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Manufacturing Industry<br />
Restatements by Year Filed<br />
96<br />
Number <strong>of</strong> Restatements<br />
60<br />
60<br />
64<br />
52<br />
2000 2001 2002 2003<br />
<strong>2004</strong><br />
Top Five Accounting Issues (2000-<strong>2004</strong>)<br />
Revenue Recognition<br />
14%<br />
19%<br />
Equity<br />
13%<br />
17%<br />
Taxes<br />
8%<br />
11%<br />
Reserves/Accruals/Contingencies<br />
8%<br />
12%<br />
Inventory<br />
8%<br />
10%<br />
% <strong>of</strong> Total <strong>2004</strong><br />
% <strong>of</strong> Total 5-year Average<br />
18 | <strong>2004</strong> <strong>Annual</strong> <strong>Review</strong> <strong>of</strong> <strong>Financial</strong> <strong>Reporting</strong> <strong>Matters</strong>
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