Why is it important for CPA firms to develop policies and procedures for establishing materiality?

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Auditing and Assurance Services A Systematic Approach

ISBN: 978-1259162343

9th edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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Question Posted: Sep 22, 2014 09:13 AM

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Why is it important for CPA firms to develop policies and procedures for establishing materiality?

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Professional standards provide very little specific guidance on how to assess what is materia...View the full answer

Auditing and Assurance Services A Systematic Approach

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