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When an auditor is trying to determine how changes can affect consistency and and/or comparability, he should keep in mind that O items that
When an auditor is trying to determine how changes can affect consistency and and/or comparability, he should keep in mind that O items that materially affect the comparability of financial statements requires a disclaimer of opinion. O changes that involve either comparability or consistency only need to be mentioned in the footnotes. O changes that affect consistency require an explanatory paragraph if they are material. changes that affect comparability but not consistency require an explanatory paragraph.
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An Introduction To Management Science Quantitative Approaches To Decision Making
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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