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Post withdrawal of AASB 1031 , would this withdrawal of AASB1031 Materiality Standards: harmonise/bring uniformity to auditors' assessment of materiality misstatements or would this bring
Postwithdrawal ofAASB 1031, would this withdrawal ofAASB1031 MaterialityStandards:
- harmonise/bring uniformity to auditors' assessment of materiality misstatements or would this
- bring disparity to auditors' assessment of misstatements?Why so?
- What other influence, if any,this would bring to the auditors' judgment on misstatementsand
- what impacts or implications this would have on the usefulness of financial reports? Discuss your answer and rationale.
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