AUDIT FAILURE is an instance where the auditor said that the financial statements were fairly stated when in fact, they were not.
CURRENT CASH DEBT RATIO measures ability to pay current liabilities in given year with cash derived from operating activities. Calculated using net cash from operating activities divided by average current liabilities.
CAPITAL SURPLUS is an archaic term. See PREMIUM ON CAPITAL STOCK.
Enter a term, then click the entry you would like to view.