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Other Fields Homework Help Accounting Topic started by: tudanglong on Jul 24, 2022



Title: When determining materiality,
Post by: tudanglong on Jul 24, 2022
When determining materiality,

▸ the preliminary judgment about materiality can be increased, but not decreased during the audit.

▸ auditing standards provide specific materiality guidelines to practitioners.

▸ only one benchmark can be used.

▸ the application of guidelines requires considerable professional judgment.


Title: When determining materiality,
Post by: Omfgtimmy on Jul 24, 2022
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