I claim the right to correct misstatements
, and have so corrected the color of the water in the above recapitulation.
So many volumes had been written about the poet since his death that she had also to dispose of a great number of misstatements
, which involved minute researches and much correspondence.
Because, if I am not mistaken, we shall have to say that about men poets and story-tellers are guilty of making the gravest misstatements
when they tell us that wicked men are often happy, and the good miserable; and that injustice is profitable when undetected, but that justice is a man's own loss and another's gain--these things we shall forbid them to utter, and command them to sing and say the opposite.
Action will be taken if any misstatement
is seen and the KP government will be personally responsible for any misstatement
,' the chief justice cautioned.
They explore the laws of misstatement
and pure economic loss from historical, theoretical, doctrinal, and comparative perspectives, including modern developments in the law of misstatements
in these jurisdictions; the meaning and influence of the concepts of voluntary assumptions of responsibility and reliance; the intersections between modern misstatement
liabilities in contract, tort, equity, and under statute; and how liabilities are distributed between advisors and others responsible for financial losses under systems of joint and several and proportionate liability.
Auditing Standard (AS) 1001, Responsibilities and Functions of the Independent Auditor, clearly states that "the auditor has a responsibility to plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement
, whether caused by error or fraud.
In the area of material misstatement
risks, PCAOB inspectors found many instances where auditors didn't test for specific fraud risks.
6662(a) or, alternatively, they were liable for the 40% accuracy-related penalty for a gross-valuation misstatement
Supreme Court held that the 40% penalty for a gross valuation misstatement
applied when the partnerships at issue had been determined to be shams that lacked economic substance, and, as a result, the partners' outside basis in the partnerships was zero (Woods, No.
They allege gross valuation misstatement
and could up the tax penalty from 20 to 40 per cent.
Andrew Katzenstein, an estate tax expert in LA, said: "I've never heard of the gross valuation misstatement
penalty being asserted.
We have adopted a new approach, which is, we do not leave any misstatement
or inaccuracy unanswered," The Nation quoted Clinton, as saying.