Top Posters
Since Sunday
g
3
3
r
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
New Topic  
Jgal Jgal
wrote...
Posts: 129
Rep: 0 0
A year ago
When dealing with materiality,

▸ if the client refuses to correct a material misstatement, the auditor is required to adjust the financial statements.

▸ management is responsible for determining whether financial statements are materially misstated.

▸ materiality must be determined as a percentage of sales.

▸ the auditor must bring any material misstatements to the client's attention.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
Read 58 times
1 Reply
Replies
Answer verified by a subject expert
toastercattoastercat
wrote...
Posts: 146
Rep: 2 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Jgal Author
wrote...

A year ago
Smart ... Thanks!
wrote...

Yesterday
Just got PERFECT on my quiz
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  958 People Browsing
 164 Signed Up Today
Related Images
  
 4423
  
 247
  
 768
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352