Question
Auditing Standards and Procedures : An auditing firm is conducting an audit of a company's financial statements. The firm assessed the risk of material misstatement
Auditing Standards and Procedures: An auditing firm is conducting an audit of a company's financial statements. The firm assessed the risk of material misstatement at 10% and set the materiality threshold at $100,000. If the firm identifies a misstatement of $80,000 in a key account, discuss the implications for the audit opinion.
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Managerial Accounting The Cornerstone of Business Decision Making
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
7th edition
978-1337116008, 1337116009, 1337115770, 978-1337516150, 1337516155, 978-1337115773
