What four factors are generally considered in determining materiality? Briefly discuss them.

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Principles of Auditing An Introduction to International Standards on Auditing

ISBN: 978-0273768173

3rd edition

Authors: Rick Hayes, Philip Wallage, Hans Gortemaker

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Question Posted: May 23, 2018 04:02 AM

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What four factors are generally considered in determining materiality? Briefly discuss them.

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What is material is often difficult to determine in practice A variety of factors may be considered size of item nature of item the circumstances and ...View the full answer

Principles of Auditing An Introduction to International Standards on Auditing

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