What is a misstatement in the financial statements?

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Francisco Casper asked a question: What is a misstatement in the financial statements?
Asked By: Francisco Casper
Date created: Fri, Apr 23, 2021 4:42 AM
Date updated: Wed, Jun 29, 2022 9:36 PM

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Top best answers to the question «What is a misstatement in the financial statements»

A misstatement occurs when something has not been treated correctly in the financial statements, meaning that the applicable financial reporting framework, namely IFRS, has not been properly applied.

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