Step 3: Due 11.003m Monday Week 9 [18 marks) Step 3 involves you restating your firm's financial statements. Go to the 'Restated Financial Statements' tab in your firm's spreadsheet. This is where you will input your firm's restated financial statements, once you have prepared them. You will need to make sure you restate your firm's financial statements for the most recent four (4) years. Restating your firm's financial statements simply involves you reorganising the way your firm's financial statements are set out. 'RestatingT financial statements can sometimes refer to adjusting a firm's financial statements after balance date to allow for changes that occur after balance date [such as a change in the way some items are accounted for). We are not talking about this type of 'restating' a firm's financial statements. Our task of restating our firm's financial statements involves moving around different items in a firm's financial statements; and to do this we will need to understand what each item is. This is the purpose for us in doing this: to help us look carefully at each item in our firm's financial statements and to develop some initial understanding about what each item means to us