• The_one_and_only@lemmy.ml
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    10 months ago

    If you are correcting figures one way, you have to correct them both ways. That is how financial auditors always work.

    • *Tagger*@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      2
      ·
      10 months ago

      I’m really sorry, please forgive my ignorance, but I don’t know what you mean.

      • The_one_and_only@lemmy.ml
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        10 months ago

        I am a financial accountant in a fairly large company. When external auditors look at the figures, they add up everything that they find. It doesn’t matter if the error is increasing or decreasing the profit-figure, they calculate the total of the errors.

        • *Tagger*@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          edit-2
          10 months ago

          Ah, okay, that makes sense I guess. Seems weird from a lay point of view, but if that’s the industry standard.

          Thanks for explaining.