Misstatement

  • 41Michele Bachmann — Member of the U.S. House of Representatives from Minnesota s …

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  • 42Audit risk — (also referred to as residual risk) refers to acceptable audit risk, i.e. it indicates the auditor s willingness to accept that the financial statements may be materially misstated after the audit is completed and an unqualified (clean) opinion… …

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  • 43USA PATRIOT Act, Title III, Subtitle B — The USA PATRIOT Act was passed by the United States Congress in 2001 as a response to the September 11, 2001 attacks. It has ten titles, with the third title ( Title III: International Money Laundering Abatement and Financial Anti Terrorism Act… …

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  • 44TSC Industries, Inc. v. Northway, Inc. — SCOTUSCase Litigants=TSC Industries, Inc. v. Northway, Inc. ArgueDate=March 3 ArgueYear=1976 DecideDate=June 14 DecideYear=1976 FullName=TSC Industries, Incorporated, et al. v. Northway, Incorporated USVol=426 USPage=438 Citation=96 S. Ct. 2126;… …

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  • 45IRS penalties — IRS penalties, as set out in the Internal Revenue Code, are imposed to enhance voluntary compliance. [Internal Revenue Service, Internal Revenue Manual , Policy P 118, IRM 1.2.1.2.3.] There are over one hundred forty separate IRS penalty… …

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  • 46Restricting Access to Databases — Restricting access to production databases is a requirement of Sarbanes Oxley Act sections 302, 404, and is included in the COBIT framework.Restricting accessSteps to restrict database access within an organization: #Implement Separation of… …

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  • 47error — er·ror n: an act that through ignorance, deficiency, or accident departs from or fails to achieve what should be done procedural error s; esp: a mistake made by a lower court in conducting judicial proceedings or making findings in a case to… …

    Law dictionary

  • 48Her Majesty's Commissioners of Customs and Excise v Barclays Bank Plc — Customs and Excise v Barclays Bank Plc Court House of Lords Citation(s) [2006] UKHL 28 Case history Prior action(s) [2004] EWCA Civ …

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  • 49Incontestability Clause — A clause in most life insurance policies that prevents the provider from voiding coverage due to a misstatement by the insured after a specific amount of time has passed. A typical incontestability clause specifies that a contract will not be… …

    Investment dictionary

  • 50falsification — fal·si·fi·ca·tion /ˌfȯl si fə kā shən/ n: an act or instance of falsifying Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. falsification …

    Law dictionary