**The Rising Trend of Financial Statement Retractions: Causes, Consequences, and Solutions** Financial statement retractions due to accounting errors are on the rise, with over 10,000 reported in 2023 alone. This alarming trend stems from complex financial reporting standards, technological disruptions, and pressure to meet earnings targets. Consequences include loss of investor ... https://bostonfagroup.com/#/increasing-incidence-of-financial