Planning stage of the audit, Civil Engineering

Materiality is used only at the planning stage of the audit.

Ans: I disagree with the statement because:

When planning the audit, the auditor considers what would make the financial information materially misstated. The auditor's assessment of materiality and audit risk is used not only at audit planning stage rather it is also applied at evaluating the results of the audit procedures.

Posted Date: 3/16/2013 3:42:02 AM | Location : United States







Related Discussions:- Planning stage of the audit, Assignment Help, Ask Question on Planning stage of the audit, Get Answer, Expert's Help, Planning stage of the audit Discussions

Write discussion on Planning stage of the audit
Your posts are moderated
Related Questions
pls explain about this field

Methods of design of prestressed concrete member What are different approaches or methods of design of prestressed concrete members? What are important considerations  in th

Define Rotation - Actions in POT Bearings? POT bearings are associated with large rotations which are accommodated by the deformation of elastomeric pad. Large cyclic rotations

Q. What do you mean by Guide bunds? Guide bund may be given an elliptical shape separation of flow can be avoided better with such an alignment. Alternatively straight parallel

Calculate the concrete tensile strength A 6 in. by 12 in. concrete cylinder resisted a transverse force of 55,000-lbf, at 28 days, in a split tensile cylinder test. Calculate t



What are the functions of a column in a building? Ans) A column is used to handle the weight of the roof and/or the upper floors. Now days, many columns are used for decorative

use of centroid in civil engineering

Define Unit Hydrograph UNIT HYDROGRAPH: The hydrograph developed for a drainage basin (watershed) from the runoff of a 1 in or 1 cm storm. It is the base hydrograph from which