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tawhid111 tawhid111
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2 years ago
The dollar amount of some misstatements cannot be accurately measured. For example, if the client were unwilling to disclose an existing lawsuit, the auditor must estimate the likely effect on

▸ net income.

▸ users of the financial statements.

▸ the auditor's exposure to lawsuits.

▸ management's future decisions.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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stanka82stanka82
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2 years ago
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