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The essential characteristics of financial statement fraud are: The misstatement is material and intentional and the users of the financial statements are investors in publicly
The essential characteristics of financial statement fraud are:
The misstatement is material and intentional and the users of the financial statements are investors in publicly traded companies.
This misstatement is material and intentional and the preparers of the financial statements have a fiduciary obligation to the organization.
The misstatement is material and intentional and the preparers of the financial statements fail to report the misstatement to the SEC or other applicable authority.
The misstatement is material and intentional and the users of the financial statements have been misled.
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
