Assume Rosanne Madden, a public accountant, is using 5 percent of net income before taxes as her

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Assume Rosanne Madden, a public accountant, is using 5 percent of net income before taxes as her major guideline for evaluating materiality. What qualitative factors should she also consider in deciding whether misstatements may be material?

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Auditing And Other Assurance Services

ISBN: 9780130091246

9th Canadian Edition

Authors: Alvin Arens, James Loebbecke, W Lemon, Ingrid Splettstoesser

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