Discuss about the materialityan item can be considered, Ask an Expert

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Discuss about the Materiality

An item can be considered material if its omission would reasonably influence the decisions of an addressee of report, a misstatement is material if it would have a similar influence. It can be of nature, value or disclosure. This would always be a matter of judgement for auditor however must be engaged in seeking "material "errors, misstatements andomissions.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M9580866

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