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Factors considered by an auditor to determine the possibility that the true population misstatement ...

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Factors considered by an auditor to determine the possibility that the true population misstatement ...

Factors considered by an auditor to determine the possibility that the true population misstatement exceeds a tolerable amount in a nonstatistical sample include all of the following except for

▸ the extent to which items in the population have been audited 100%.

▸ the difference between the point estimate and acceptable control risk.

▸ whether misstatements tend to be offsetting or in only one direction.

▸ the amounts of individual misstatements.

Textbook

Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

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mattfury17 Author

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Thanks

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this is exactly what I needed

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Thanks for your help!!

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