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RESTATEMENT (Tables) | 3 Months Ended
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Dec. 31, 2021
Accounting Changes and Error Corrections [Abstract] |
Schedule of Error Corrections and Prior Period Adjustments | The following tables summarize the impact of these corrections of errors for the nine months ended December 31, 2021, and 2020:
| For the nine months ended December 31, 2021
| As previously reported |  | Adjustments for discontinued operations |  | As recasted |  | Correction of errors |  | As restated
Net cash flows from operating activities | $ | (582,080) |  |  | $ | (34,465) |  |  | $ | (616,545) |  |  | $ | (21,090) |  |  | $ | (637,635) |
Net cash flows from investing activities | (6,110) |  |  | — |  |  | (6,110) |  |  | (34,709) |  |  | (40,819) |
Net cash flows from financing activities | 338,792 |  |  | — |  |  | 338,792 |  |  | 55,799 |  |  | 394,591 |
Effect of changes in foreign exchange rates on cash and cash equivalents | 10,593 |  |  | (1,998) |  |  | 8,595 |  |  | — |  |  | 8,595 |
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | $ | (238,805) |  |  | $ | (36,463) |  |  | $ | (275,268) |  |  | $ | — |  |  | $ | (275,268) |
| For the nine months ended December 31, 2020
| As previously reported |  | Adjustments for discontinued operations |  | As recasted |  | Correction of errors |  | As restated
Net cash flows from operating activities | $ | 698,954 |  |  | $ | 41,110 |  |  | $ | 740,064 |  |  | $ | (135,487) |  |  | $ | 604,577 |
Net cash flows from investing activities | 98,418 |  |  | 739 |  |  | 99,157 |  |  | 122 |  |  | 99,279 |
Net cash flows from financing activities | 61,952 |  |  | (576) |  |  | 61,376 |  |  | 135,365 |  |  | 196,741 |
Effect of changes in foreign exchange rates on cash and cash equivalents | 3,787 |  |  | — |  |  | 3,787 |  |  | — |  |  | 3,787 |
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | $ | 863,111 |  |  | $ | 41,273 |  |  | $ | 904,384 |  |  | $ | — |  |  | $ | 904,384 |
The following tables summarize the impact of corrections of the errors on the Condensed Consolidated Statements of Operations and Other Comprehensive Income for the periods presented:
| For the three months ended December 31, 2021
| As previously reported |  | Adjustments for discontinued operations |  | As restated |  | Correction of errors |  | As restated
Fee and commission income | $ | 122,237 |  |  | $ | (25,905) |  |  | $ | 96,332 |  |  | $ | (4,921) |  |  | 91,411 |
Net gain on trading securities | 403 |  |  | 6,611 |  |  | 7,014 |  |  | — |  |  | 7,014 |
Interest income | 22,907 |  |  | (3,029) |  |  | 19,878 |  |  | 4,921 |  |  | 24,799 |
Net gain on foreign exchange operations | 451 |  |  | 655 |  |  | 1,106 |  |  | — |  |  | 1,106 |
Net loss on derivative | (314) |  |  | — |  |  | (314) |  |  | — |  |  | (314) |
TOTAL REVENUE, NET | $ | 145,684 |  |  | $ | (21,668) |  |  | $ | 124,016 |  |  | $ | — |  |  | $ | 124,016 |
| For the three months ended December 31, 2020
| As previously reported |  | Adjustments for discontinued operations |  | As restated |  | Correction of errors |  | As restated
Fee and commission income | $ | 74,333 |  |  | $ | (14,385) |  |  | $ | 59,948 |  |  | $ | (1,849) |  |  | 58,099 |
Net gain on trading securities | 18,944 |  |  | (4,972) |  |  | 13,972 |  |  | — |  |  | 13,972 |
Interest income | 7,374 |  |  | (3,999) |  |  | 3,375 |  |  | 1,849 |  |  | 5,224 |
Net gain on foreign exchange operations | (1,413) |  |  | 1,516 |  |  | 103 |  |  | — |  |  | 103 |
Net loss on derivative | 995 |  |  | (49) |  |  | 946 |  |  | — |  |  | 946 |
TOTAL REVENUE, NET | $ | 100,233 |  |  | $ | (21,889) |  |  | $ | 78,344 |  |  | $ | — |  |  | $ | 78,344 |
| For the nine months ended December 31, 2021
| As previously reported |  | Adjustments for discontinued operations |  | As restated |  | Correction of errors |  | As restated
Fee and commission income | $ | 336,178 |  |  | $ | (65,251) |  |  | $ | 270,927 |  |  | $ | (8,212) |  |  | 262,715 |
Net gain on trading securities | 185,554 |  |  | 9,716 |  |  | 195,270 |  |  | — |  |  | 195,270 |
Interest income | 61,047 |  |  | (9,920) |  |  | 51,127 |  |  | 8,212 |  |  | 59,339 |
Net gain on foreign exchange operations | 885 |  |  | 2,888 |  |  | 3,773 |  |  | — |  |  | 3,773 |
Net loss on derivative | (1,028) |  |  | — |  |  | (1,028) |  |  | — |  |  | (1,028) |
TOTAL REVENUE, NET | $ | 582,636 |  |  | $ | (62,567) |  |  | $ | 520,069 |  |  | $ | — |  |  | $ | 520,069 |
| For the nine months ended December 31, 2020
| As previously reported |  | Adjustments for discontinued operations |  | As restated |  | Correction of errors |  | As restated
Fee and commission income | $ | 171,949 |  |  | $ | (33,603) |  |  | $ | 138,346 |  |  | $ | (2,359) |  |  | 135,987 |
Net gain on trading securities | 36,330 |  |  | (17,087) |  |  | 19,243 |  |  | — |  |  | 19,243 |
Interest income | 16,571 |  |  | (7,168) |  |  | 9,403 |  |  | 2,359 |  |  | 11,762 |
Net gain on foreign exchange operations | 1,359 |  |  | (1,217) |  |  | 142 |  |  | — |  |  | 142 |
Net loss on derivative | 149 |  |  | (88) |  |  | 61 |  |  | — |  |  | 61 |
TOTAL REVENUE, NET | $ | 226,358 |  |  | $ | (59,163) |  |  | $ | 167,195 |  |  | $ | — |  |  | $ | 167,195 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794 + Details
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