material misstatement

基本解释

Auditors should consider whether the misstatement indicates there exists the higher risk of material misstatements due to fraud in a specific area.
注册会计师还应当考虑发现的错报是否表明，在某一特定领域存在舞弊导致的更高的重大错报风险。
blog.sina.com.cn
These responsibilities include: (1) Designing, implementing and maintaining internal control relevant to the preparation of financial statements that are free from material misstatement;
这种责任包括：（1）设计、实施和维护与财务报表编制相关的内部控制，以使财务报表不存在重大错报；
Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance to whether the financial statements are free from material misstatement.
中国注册会计师审计准则要求我们遵守职业道德规范，计划和实施审计工作以对财务报表是否不存在重大错报获取合理保证。

In the Amgen case argued last week, the Court considered whether plaintiffs seeking class certification in the securities setting must first show that a defendant made a material misstatement.
FORBES: Supreme Court Could Impose New Restrictions On Class Actions
Rather, it means that the inspection staff has determined that, because of an identified error or omission, the firm failed to fulfill its fundamental responsibility in the audit — to obtain reasonable assurance about whether the financial statements are free of material misstatement.
FORBES: Auditor Rotation Proposal Just More Spin