چکیده (انگلیسی):

High volume of accounting scandals in recent years has led to a loss of public trust in
corporations and organizations have been audited. All these scandals have been associated with
restatement of financial statements. In another words, all bankrupted companies in recent years have
done financial restatement. In most cases, restatement of financial statements indicate a problem with
the internal control system and corporate governance in companies which their reputation and values
have been damaged in market and even in some cases it has been led to bankrupt them. So, the
research tries to survey the relationship between legal and financial misstatements with restatement of
loss and profit figures on listed companies in Tehran Stock Exchange within 2007 to 2012. The results of
the research indicate that whatever tax, legal and financial misstatement of companies is high; their
restatement of financial statements will be more.