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Record number of US firms retract financial results over accounting errors
The number of companies who had to withdraw financial results of companies is up from 122 in the same period last year and more than double the figure four years ago
The number of US companies that withdrew financial statements due to accounting errors has surged to a nine-year high as 140 companies had to reissue accounts in the first 10 months of the year, the FT has revealed.
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