Narrative Opinion Summary
The Court's opinion in this case is amended by removing the sentence that starts with "In a brief" on line 10 of page 4. Additionally, the first sentence of the subsequent paragraph, which begins with "although," is revised to state: "Although, as suggested in a brief filed by the American Institute of Accountants, the Commission’s prescribed method of eliminating the write-up may not accord with the best accounting practice, it is sustained by expert evidence." The opinion is reported as amended on page 119.
Legal Issues Addressed
Amendment of Judicial Opinionssubscribe to see similar legal issues
Application: The Court exercised its authority to amend its opinion by altering specific sentences to reflect expert evidence and recommendations.
Reasoning: The Court's opinion in this case is amended by removing the sentence that starts with 'In a brief' on line 10 of page 4. Additionally, the first sentence of the subsequent paragraph, which begins with 'although,' is revised to state: 'Although, as suggested in a brief filed by the American Institute of Accountants, the Commission’s prescribed method of eliminating the write-up may not accord with the best accounting practice, it is sustained by expert evidence.'
Use of Expert Evidence in Judicial Decisionssubscribe to see similar legal issues
Application: The Court relied on expert evidence to justify its decision despite contrary suggestions from an authoritative accounting body.
Reasoning: Although, as suggested in a brief filed by the American Institute of Accountants, the Commission’s prescribed method of eliminating the write-up may not accord with the best accounting practice, it is sustained by expert evidence.