Planning stage of the audit, Civil Engineering

Assignment Help:

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.


Related Discussions:- Planning stage of the audit

Curves, procedure on conducting curves in field

procedure on conducting curves in field

Analysis of the two stage construction, A County is planning to build a new...

A County is planning to build a new roadway connector in the rapidly developing area of the county. The road can be built at a reduced capacity now for $30 million and can be widen

Design features of major bridge, Q. Design features of major bridge? Im...

Q. Design features of major bridge? Important design features of major bridge projects should be tested and finalised by hydraulic model studies. Bridge waterway, shape, length

LEVELLING, WHAT IS FLYBBACK LEVELLING

WHAT IS FLYBBACK LEVELLING

Diver qualification - diving operation for bridge inspection, Define Diver ...

Define Diver Qualification - Diving Operation for Bridge Inspection? The requisite qualification for divers and diving supervisors are given in IS 10291 -1982, which stipulates

Calculate the total cost for the project, The total equipment cost for an a...

The total equipment cost for an addition to a pharmaceutical plant is estimated to be $5,000,000. The percentages provided in the Table represent the average expenditures in other

Determine the northing and easting coordinates, The northing and easting co...

The northing and easting coordinates for point C is most nearly:    Solution: Section the triangle and calculate using Pythagorean Theorem and the Law of Sine's or us

Thermocouples are utilized for the measurement of what, Thermocouples are u...

Thermocouples are utilized for the measurement of what temperature? Answer: It is utilized for the measurement of temperature.

Briefly explain the concept of wind-driven ventilation, Problem (a) Br...

Problem (a) Briefly explain the concept of wind-driven ventilation and outlines its benefits over mechanical/electrical means of ventilation. (b) Various factors and guidel

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd