An accounting error (error) that arises from incorrect, false or misleading information that “immaterially” (to a limited extent) affects an...
An accounting error (error) that arises from incorrect, false or misleading information that “materially” (excessively or to a great extent)...
A faulty recognition, measurement, presentation or disclosure of an element/ item or more of previously issued financial statements (statements of...
An obligation (liability) that an entity may, or may not, incur depending on the outcome of an uncertain future event...
A faulty recognition, measurement, presentation or disclosure of an element/ item or more of previously issued financial statements (statements of...
An adjustment that is made to an accounting estimate as a result of new information or developments including those relating...
A ratio that relates tangible common equity (TCE) to tangible assets (TAs). It is used as a measure of an...
A ratio that relates tangible common equity (TCE) to tangible assets. It is used as a measure of an entity's...
The correction of accounting errors in previously issued financial statements, i.e., errors that arise from faulty data entry, omission, discrepancies,...
A category of financial reporting that involves preparing separate information and reports about operating segments. In segment/ segmental reporting, an...