What is the primary benefit for auditors' preliminary assessment of materiality as a matter of audit planning?

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Auditing And Assurance Services

ISBN: 9780072954449

1st Edition

Authors: Timothy J Louwers, Robert J. Ramsay, David Sinason, Jerry R Strawser

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Question Posted: May 09, 2024 02:01 AM

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What is the primary benefit for auditors' preliminary assessment of materiality as a matter of audit planning?

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In the context of audit planning a preliminary assessment of materiality is crucial for several reasons but the primary benefit is that it helps audit...View the full answer

Auditing And Assurance Services

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