The accounting concept of “faithful representation” requires that transactions and events be accounted for in a manner that represents their true economic substance rather than the mere legal form. Here, we discuss practical recommendations for tracking, recording, and documenting the remediation of current transactions under investigation as well as tips for handling other potentially sensitive transactions such as health and safety payments. In the context of corrupt payments, for example, recording a bribe payment to win business as something other than a bribe violates the basic accounting concept of faithful representation and, more specifically, likely violates the Foreign Corrupt Practices Act (FCPA) accounting provisions, which require that an issuer “make and keep books, records, and accounts, which, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the issuer.” While these scenarios are rarely quantitatively material enough to result in the correction of prior period accounting entries, there are reasons to consider correcting such accounting entries within a current period. Internal financial investigations can lead to the identification of accounting transactions that, quantitatively material or not, may prompt a correction, restatement, or reclassification.