| |
GeekInterview.com > Interview Questions > Accounting > Audit
| Print | |
Question: Materiality and Audit Report
Answer: How can you link between materiality and audit report? |
| November 11, 2008 04:14:17 |
#1 |
| edlin |
Member Since: November 2008 Total Comments: 2 |
RE: Materiality and Audit Report
|
| Materiality is important in the issuance of audit report because materiality is one of the basis whether an audit procedure has to be done with the certain item/s in the financial statements, therefore, items in the financial statements which are below the set up materiality, would not be considered in the examinations and and no way can be included in the audit report. |
| |
Back To Question | |
