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Immaterial Misstatement

In accounting, misstatement may come in varying degrees, including mainly material misstatement and immaterial misstatement. Immaterial misstatement arises from the...

Material Misstatement

In accounting, misstatement may come in varying degrees, including mainly material misstatement and immaterial misstatement. Material misstatement arises from the...

Misstatement

A situation that arises when a transaction or event has not been recorded or treated correctly in an entity's financial...

Restatement of a Financial Statement

The revision and re-release of the financial statements of a prior period because of changes in accounting principles arising out...

Accounting Restatement

The revision and re-release of the financial statements of a prior period because of changes in accounting principles arising out...

Restatement

The revision and re-release of the financial statements of a prior period because of changes in accounting principles arising out...