Confidence accounting
id:
confidence-accounting-267-8556839
title:
Confidence accounting
text:
Confidence accounting is a method of accounting whereby some of the figures are expressed not as single point estimates, but rather as probability distributions. Under Confidence Accounting, the end results of audits would be presentations of distributions for major entries in the profit & loss, balance sheet and cashflow statements. The proposed benefits of Confidence Accounting include a fairer representation of financial results, reduced footnotes, more measurable audit quality and a mitigati
brand slug:
wiki
category slug:
encyclopedia
description:
Accounting method
original url:
https://en.wikipedia.org/wiki/Confidence_accounting
date created:
date modified:
2023-09-20T01:47:55Z
main entity:
{"identifier":"Q5160082","url":"https://www.wikidata.org/entity/Q5160082"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/e/e6/Ledger.png","width":1706,"height":896}
fields total:
13
integrity:
15