market and cross border leases of assets . Examine the benefits and risks of your chosen position . Examine the major implications of SAS 99 based on the factors you discovered during the initial evaluation of the company . Provide support for your rationale . Analyze the potential for a material misstatement in the financial statements based on the issues identified in your initial evaluation . Make a recommendation to the CFO for the issuance of restated financial statement restatement . Identify at least three ( 3 ) significant issues that can result from the failure to issue restated financial statements . Examine the economic effect of restatement of the financial statements on investors , employees , customers , and creditors . Use five ( 5 ) quality academic resources in this assignment . Note : Wikipedia and other Websites do not qualify as academic resources . Your assignment must follow these formatting requirements : Be typed , double spaced , using Times New Roman font ( size 12 ), with one-inch margins on all sides ; citations and references must follow APA or school-specific format . Check with your professor for any additional instructions . Include a cover page containing the title of the assignment , the student ’ s name , the professor ’ s name , the course title , and the date . The cover page and the reference page are not included in the required assignment page length . The specific course learning outcomes associated with this assignment are : Analyze accounting situations to apply the proper accounting rules and make recommendations to ensure compliance with generally accepted accounting principles . Analyze business situations to determine the appropriateness of decision making in terms of professional standards and ethics Use technology and information resources to research issues in accounting . Analyze business situations and apply advanced federal taxation concepts .