overstatements Synonyms

overstatements Meaning

overstatements

to state in too strong terms

overstatements Sentence Examples

  1. The company's financial statements contained significant overstatements of revenue, resulting in an inflated portrayal of its profitability.
  2. The overstatements led to an inaccurate representation of the company's financial position, misleading investors and creditors alike.
  3. The auditor identified material overstatements in the company's inventory valuation, highlighting potential fraud or errors.
  4. The court ordered the company to correct the overstatements in its financial reporting and restate its results.
  5. The CEO admitted to intentionally making overstatements to boost the company's stock price.
  6. The regulatory body imposed sanctions on the company for issuing financial statements with material overstatements.
  7. The whistleblower exposed the overstatements, preventing further financial harm to stakeholders.
  8. The overstatements were traced to a lack of internal controls and oversight.
  9. The company's reputation was damaged by the revelations of overstatements in its financial reporting.
  10. The overstatements resulted in a decline in investor confidence and a loss of market value for the company.

FAQs About the word overstatements

to state in too strong terms

exaggerations, caricatures, colorings, elaborations, embellishments, magnifications,hyperboles, enhancements, fabrications, embroideries

understatements,meioses,disparagements

The company's financial statements contained significant overstatements of revenue, resulting in an inflated portrayal of its profitability.

The overstatements led to an inaccurate representation of the company's financial position, misleading investors and creditors alike.

The auditor identified material overstatements in the company's inventory valuation, highlighting potential fraud or errors.

The court ordered the company to correct the overstatements in its financial reporting and restate its results.