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materially misstated

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  • Inherent risk — Inherent risk, in auditing, is the risk that the account or section being audited is materially misstated without considering internal controls due to error; inherent risk does not include an assessment of the risk of material misstatement due to …   Wikipedia

  • TSC 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;… …   Wikipedia

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