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When is materiality pervasive??!

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › When is materiality pervasive??!

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by Kim Smith.
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  • September 1, 2018 at 10:33 pm #470733
    opeyemiogunjimi
    Participant
    • Topics: 16
    • Replies: 26
    • ☆

    Hi Guys,

    so, materiality bracket for e.g assets is 1% – 2%, what happens if the assets error is however 4%? Is it then material and pervasive ?

    Thus: when is a material error pervasive?

    September 3, 2018 at 6:05 pm #471094
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8297
    • ☆☆☆☆☆

    This post has been answered on the ask the tutor forum.

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  • The topic ‘When is materiality pervasive??!’ is closed to new replies.

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