i understand how to figure out whether a misstatement is material but how to figure out that a certain misstatement is just material OR material and pervasive
Is it on some percentage criteria or is it based on judgement(that whether that misstatement would effect many elements of financail statements)?
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5y ago#1https://opentuition.com/topic/june-2015-question-3-4
https://opentuition.com/topic/dec-2016-cbe-auditors-report-how-is-tp-not-pervasive
Also
https://opentuition.com/topic/pervasive-effect-or-not
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