Restatement

12 Months Ended

Dec. 31, 2016

Impact of Restatement on Earnings Per Share [Abstract]

Note 10 – Restatement

The financial statements have been revised to account for activity that had premature recognition of revenue. The resulting transactions affected the Company's Sales, Deferred Revenue and Accumulated deficit. In accordance with applicable Generally Accepted Accounting Principles (GAAP), the Company calculated and recognized adjustments accordingly.

On May 7, 2016, the Company filed with the Securities and Exchange Commission ("SEC") its reviewed financial statements for the quarter ended March 31, 2016. Following the discovery of various material errors the Company informed the SEC on May 23, 2016, that these financial statements could not be relied upon, and on June 15, 2016 filed its restated audited financial statements for the above mentioned periods.

The following table represents the effects of the subsequent and first restated statements as of December 31, 2015.

	Restated Dec 31, 2015			Original Dec 31, 2015
	$			$
Sales		98,943			68.943
Accumulated Deficit		(279,298	)		(279,298	)
Net Loss		(72,045	)		(102,045	)

International Endeavors Corp 10-K