Misconception · MIS:iron-curtain-always-produces-the-larger-answer

Mistaken idea “Iron curtain always produces the larger answer”

Mistaken reasoning: This mistake treats the ending balance method as mechanically more conservative than the current period income method.

Updated Aug 21, 2026 Review due Nov 8, 2026

Why this is mistaken

Accumulating errors can make iron curtain larger; reversing errors can make the current rollover effect larger. Compute both from one signed schedule. The purpose is complete visibility, not finding a uniformly conservative shortcut.

Where to watch

When this mistake may appear

  • An error originates and reverses over multiple periods.
Check your work

Your work may contain this mistake if:

  • Chooses one method without computing signed origin, reversal, and ending layers.