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How to calculate preliminary materiality figure?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › How to calculate preliminary materiality figure?

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  • December 9, 2011 at 3:15 pm #51006
    jahanara91
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    • ☆

    I dont understand how to calculate:

    0.5 – 1% turnover
    5 – 10 % of profit before tax
    1 – 2 5 of gross assets

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