Quote:
Originally Posted by rhadin
OTOH, an error in an SEC or FDA filing can have serious financial and other consequences for the client and for those who rely on the accuracy of the material.
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I once worked for a big printer. It did annual reports for corporations among other things.
At one point, an error was discovered in the fine print in the financial statements for an annual report. (Client error - what they gave the printer was wrong.) The ways the rules worked, the printer
couldn't just print and insert an errata sheet with a correction. The entire run of the report had to be destroyed before it was distributed, and a new run printed.
Yep, consequences indeed.
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Dennis