- A
false statement, also
known as a falsehood, falsity,
misstatement or untruth, is a
statement that is
false or does not
align with reality. This concept...
- of an
untruthful statement False statement, aka a falsehood, falsity,
misstatement or untruth, is a
statement that is
false false (Unix), a Unix command...
-
original statement.
Actionable misrepresentations must be
misstatements of fact or law:
misstatements of
opinion or
intention are not
deemed statements of...
- tests) are
those activities performed by the
auditor to
detect material misstatement at the ****ertion level.
Management implicitly ****ert that
account balances...
- 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...
- to
various stakeholders that the
subject matter is free from
material misstatement. The term is most
frequently applied to
audits of the
financial information...
- to
determine whether the
statements contain material errors or
other misstatements. The
audit opinion is
intended to
provide reasonable ****urance, but...
- on the
misstatement in the prospectus, his loss
nonetheless resulted from that
misstatement. It is not
necessary to show that the
misstatement was the...
-
attempt to
defraud shareholders.
Accounting fraud is an
intentional misstatement or
omission in the
accounting records by
management or
employees which...
