Transcon to restate financials after finding $20 million in errors

Printer and media company Transcontinental Inc. is restating its financial statements for prior years to correct $20 million in accounting errors. The Canadian Press reported that the errors involved $10 million in accounting provisions for income tax liabilities in fiscal 2006 and $10 million in overstatement of the value of assets in the far-flung company's Mexican properties in several prior