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AUDIT REPORT

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › AUDIT REPORT

  • This topic has 1 reply, 2 voices, and was last updated 11 months ago by Kim Smith.
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  • August 1, 2021 at 1:49 pm #630033
    shaunak22
    • Topics: 195
    • Replies: 32
    • ☆☆☆

    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)?

    August 1, 2021 at 3:05 pm #630040
    Kim Smith
    Keymaster
    • Topics: 88
    • Replies: 6097
    • ☆☆☆☆☆

    https://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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