when is materiality pervasiveForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › when is materiality pervasiveThis topic has 1 reply, 2 voices, and was last updated 6 years ago by Kim Smith.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 2, 2018 at 7:12 pm #470859 opeyemiogunjimiParticipantTopics: 16Replies: 26☆Hi Sir,Materiality bracket for e.g Total Assets is 1% – 2%, BUT 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 6:56 am #470919 Kim SmithKeymasterTopics: 130Replies: 8128☆☆☆☆☆Please see the answer I posted here https://opentuition.com/topic/dec-2016-cbe-auditors-report-how-is-tp-not-pervasive/Pervasive is not a “degree of materiality” – it means the issue affects the financial statements as a whole.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In