Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

calculating materiality

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › calculating materiality

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 3, 2017 at 2:46 pm #419957
    vikulchik07
    Participant
    • Topics: 26
    • Replies: 12
    • ☆

    Hello!

    If we have the information about revenue and profit in the question, does it mean that we definitely to present the calculation of materiality in the answer?

    Thanks in advance!

    December 3, 2017 at 3:08 pm #419961
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10522
    • ☆☆☆☆☆

    Almost certainly. There is not usually any other reason to be given that information. Note that the information could be given specifically in a note to the question or, of course, be present in the statement of P&L.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.