Professional standards recognize that a misstatement that is quantitatively immaterial may be qualitatively material. In regard to

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Professional standards recognize that a misstatement that is quantitatively immaterial may be qualitatively material. In regard to these items, professional standards require the auditor to:

A. Plan the audit to search for them.

B. Design explicit procedures to detect them.

C. Be on the alert for them.

D. Report them directly to client management.

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Modern Auditing And Assurance Services

ISBN: 9781118615249

6th Edition

Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson

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