In relation to differential analysis, it is the difference between the costs of two alternative courses of action/ methods/ choices...

A journal entry that is made in order to correct an accounting error. Correcting entries are an adjustment to an...

One of multiple ways of a management's intervention to correct an accounting error (particularly, immaterial error) that, rather than restating...

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...