Skip to content

Ask the Tutor ACCA AA

Difference between pervasive and non pervasive

Former userFormer user9y ago

[Content removed at user request]

kengarrettkengarrettTutor9y ago#1
No, otherwise all misstatements affecting profit would be pervasive eg failure to write off a material bad debt. There are no definite rules about when something is pervasive, but it really has to have an effect on the FS that mean they are so wrong as to be useless and that the error cannot be ring fenced.
Sign into reply to this topic.