Mark Roundings

Mark Roundings refer to techniques used by auditors and accountants to reduce the apparent size of a company's financial figures, such as revenues or expenses, when presenting financial statements. This practice aims to avoid misinterpretation or exaggerated impressions, ensuring the data accurately reflects the company's actual performance rather than inflated or deflated numbers. Mark Roundings help maintain transparency and fairness by aligning reported figures closer to realistic values, making it easier for stakeholders to assess the company's true financial health without being misled by artificially rounded or manipulated numbers.