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Confidence accounting is a method of accounting whereby some of the figures are expressed not as single point estimates, but rather as probability distributions. Under Confidence Accounting, the end results of audits would be presentations of distributions for major entries in the profit & loss, balance sheet and cashflow statements. The proposed benefits of Confidence Accounting include a fairer representation of financial results, reduced footnotes, more measurable audit quality and a mitigation of mark-to-market perturbations.

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