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cjr4808 cjr4808
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A year ago
When a client fails to follow GAAP, the audit report can be unmodified, qualified, or adverse depending on the materiality. What factors affect materiality that an auditor should consider?

▸ the dollar amount in comparison to a base

▸ if the misstatement can be measured

▸ the nature of the item

▸ All of these are factors an auditor should consider regarding materiality.
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Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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kaitmawkaitmaw
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A year ago
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