Examlex
The CFO must disclose the reason for the error correction,include a reconstruction of the income statements and balance sheets indicating the change in income before taxes,income taxes,net income,and earnings per share.Comparative income statements and balance sheets should be retrospectively adjusted to reflect the corrected data for each year presented.
Statistically Significant
A term used to describe a result that is not likely to occur randomly, but rather is likely to be attributable to a specific cause.
Statistically Accurate
Describes data or results that are precise and reliable according to statistical analysis and principles.
Statistically Insignificant
A term used to describe results that lack enough statistical evidence to conclude that a certain effect or difference is present.
Analogue Study
An investigation or experiment that replicates real-world conditions in a controlled setting to understand behaviors or phenomena.
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