Here's the latest article from the Accounting site at BellaOnline.com.
Errors in financial statements
Accounting errors are a big deal. Accounting errors are unintentional mistakes as opposed to fraud where an intention to deceive investors is present. Correcting errors may imply to restate financial statements. The invitation is for accountants to strive to prepare financial statements error-free.
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Consuelo Herrera, CAMS, CFE, Accounting Editor
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