A
"material misstatement" means that there is a significant error or false information in financial statements, reports or records, which could potentially impact the decision-making of users relying on them.
Full definition
Similar and related words and phrases are presented below.
«material»
«misstatement»
Related phrases
Sentences with «material misstatement»
- As the filing sums up, «If we do not complete our remediation in a timely manner or if the remediation measures that we have implemented and intend to implement are inadequate to address our existing material weaknesses or to identify or prevent additional material weaknesses, there will continue to be an increased risk of future material misstatements in our annual or interim financial statements.» (politico.com)
- «The Court Records unit administers court ordered suspensions, suspensions resulting from various traffic violations (including out - of - state violations), suspensions for material misstatement of fact, provisional license suspensions and administrative suspensions under the Maine's Demerit Point System. (traffictickets.com)
- It would be a misdemeanor to knowingly or intentionally fail to register or  make material misstatements on an application. (animallawcoalition.com)
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sentences)