restate
verb [ T ]
/ˌriːˈsteɪt/ ukus ACCOUNTING, FINANCE
if a company restates its results, it calculates them again and announces a new amount for its profits, sales, etc.:
The company will have to restate earnings , converting reported profits to losses.
The automaker has restated results seven times in the past two years.
They were later forced to restate millions in revenues.
restatement
noun [ C or U ]
ACCOUNTING
an accounting restatement