MARKET MULTIPLE see PRICE EARNINGS MULTIPLE.
MATERIAL WEAKNESS is a condition that could potentially result in the material misstatement of the financial statements.
MANAGEMENT REPRESENTATION LETTER is a letter addressed to the auditor, signed by the client's chief executive officer and chief financial officer. During an audit, management makes many representations to the auditor. Written representations from management in the letter confirm oral representations given to the auditor, document the continuing appropriateness of such representations, and reduce the possibility of misunderstanding.
Enter a term, then click the entry you would like to view.