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

Design for the limit state of  collapse in bending Following assumptions are taken in the design for the limit state of  collapse in bending or flexure. Plane sections norm


Question What is main principle of post-grouting for mini-piles? Answer During course of post-grouting , a tube with a hole at its base is lowered into pile and g

Transportation topics assignment

a simply supported beam with concentric load

State the Short Term Effects of concrete These are various types of effects produced, nearly instantaneously, due to the application of external loads on structures. An example

Question Now, mainly flap valves are ended of HDPE. What is the major compensation of using HDPE as compared with cast iron? Answer (i) It has no response with sewage a

How to calculate economic span of ss bridge

In case of simple bending after simply supported beam, derive that M/I = s /y = E/R.