Question
Define the concept of materiality as it relates to auditing and explain why it is important.(5marks)(b)Identify the two levels of materiality that are important in
Define the concept of materiality as it relates to auditing and explain why it is important.(5marks)(b)Identify the two levels of materiality that are important in audit planning and indicate the reasons for each level being important. (5 marks)
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Definition of Materiality in Auditing Materiality in auditing refers to the concept of significance or relevance of an item transaction or error in th...
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
4th Edition
0730382648, 978-0730382645
