The relative importance of an error will depend largely on the auditors views about the users decision-making
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The relative importance of an error will depend largely on the auditor’s views about the users’ decision-making process. How would an auditor assign materiality if the primary users of the financial statements are creditors? How would it differ if the primary user are investors? Why?
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Principles Of Auditing: An International Perspective
ISBN: 9780077095321
1st Edition
Authors: Rick Stephan Hayes, Philip Wallage, Arnold Schilder, Roger Dassen
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