Definition of Misstatement. Meaning of Misstatement. Synonyms of Misstatement

Here you will find one or more explanations in English for the word Misstatement. Also in the bottom left of the page several parts of wikipedia pages related to the word Misstatement and, of course, Misstatement synonyms and on the right images related to the word Misstatement.

Definition of Misstatement

Misstatement
Misstatement Mis*state"ment, n. An incorrect statement.

Meaning of Misstatement from wikipedia

- article on Misstatement, but our sister project Wiktionary does: Read the Wiktionary entry on misstatement You can also: Search for Misstatement in Wikipedia...
- original statement. Actionable misrepresentations must be misstatements of fact or law: misstatements of opinion or intention are not deemed statements of...
- act that results in a material misstatement in financial statements. There are two types of fraud considered: misstatements arising from fraudulent financial...
- significant account for "misstatement risk" (low, medium, or high), based on similar factors used to determine significance. The misstatement risk ranking is a...
- tests) are those activities performed by the auditor to detect material misstatement or fraud at the ****ertion level. The different ****ertions of balances...
- to determine whether the statements contain material errors or other misstatements. The audit opinion is intended to provide reasonable ****urance, but...
- preparation of accounts for a company. Previous cases on negligent misstatements had fallen under the principle of Hedley Byrne v ****er. This stated...
- following: Identify types of potential misstatements Consider factors that affect the risks of material misstatement Design tests of controls, when applicable...
- to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information...
- detect a misstatement that exists in an ****ertion that could be material (significant), either individually or when aggregated with other misstatements. In...
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