Remove Accounting Principles Remove Corporate Finance Remove Financial Reporting Remove Numbers
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Number Of Corporate Accounting Errors Unexpectedly Climbs

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A research firm has discovered that the number of material accounting mistakes made by U.S. listed companies since 2005, finding firms that had to reissue their financials due to errors. For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S.

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Pulling Back The Curtain On Corporate Finance Reports

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While these narratives are important for firms to explain complex ideas that may not be entirely understood solely through accounting numbers, Wang noted they can promote a lack of transparency, too. ” Meanwhile, previous research from Audit Analytics has also revealed that the number of accounting errors among the U.S.’s