Kiigazítások

Kiigazítások is a Hungarian financial and legal concept referring to corrective measures taken by a company to rectify errors or irregularities in its financial records or business transactions. These measures are typically implemented to ensure compliance with laws and regulations, or to rectify accounting discrepancies.

Company management or the audit committee may initiate kiigazítások procedures at any time, usually in response to internal or external investigations that reveal discrepancies in financial reporting. The purpose of these procedures is to investigate and rectify any breaches of accounting standards, laws, or regulations that may have affected the financial position or performance of the company.

Kiigazítások procedures involve the identification and rectification of errors or irregularities, as well as the implementation of corrective measures to prevent such issues from arising in the future. These measures may include the revision of financial statements, the restatement of financial results, or the implementation of new accounting policies or procedures.

Companies subject to kiigazítások procedures may be required to disclose the nature and scope of the corrective actions taken to regulatory authorities, auditors, and other stakeholders. The disclosure requirements may vary depending on the relevant laws and regulations, as well as the level of impact of the kiigazítások on the company's financial position and performance.

Overall, kiigazítások procedures serve to promote transparency and accountability in corporate financial reporting and to maintain the trust and confidence of investors, customers, and other stakeholders in a company's financial statements and business operations.