Topical Terminology > Reportable Condition
1 Definition
Reportable Condition
For Reportable Condition we have a term and definition in Accounting.
Reportable Condition (Accounting) 
is a matter coming to the auditors attention relating to SIGNIFICANT DEFICIENCIES in the design or operation of the entity's internal control that could ADVERSLY AFFECT an entitys ability to fulfill future obligations with customers and/or the satisfaction of liabilities.
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