Business Pitch Dictionary by pitch.dog
Corporate reports & securities filings · Working

Recast financials

Also called: recasted financials

ELI5

Historical financial information adjusted to reflect a changed presentation, structure or accounting basis.

Used in conversation

“The team needs one controlled copy of recast financials, with an owner and date.”

Pitch context

You will see “Recast financials” in annual reports, earnings decks, filings and investor presentations when the discussion reaches corporate reports & securities filings.

Why it matters: In corporate reports & securities filings, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.