Assume the auditor finds a misstatement that is not material, and there is no disagreement about the
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Assume the auditor finds a misstatement that is not material, and there is no disagreement about the dollar amount of the misstatement. Should an adjusting journal entry be made to correct the misstatement? Is an adjusting journal entry necessary in order for the financial statements to be fairly presented in accordance with GAAP?
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Auditing Concepts For A Changing Environment With IDEA Software
ISBN: 9780324180237
4th Edition
Authors: Larry E. Rittenberg, Bradley J. Schwieger
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