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In determining the level of materiality for an audit what should not be considered?

A. Prior years errors.B. The auditor remuneration.C. Adjusted interim financial statement.D. Prior year financial statements.

E. Non of the above.

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2015/01/15
Sahar Alech
par Sahar Alech , Auditor / Financial Manager , Accounting Services Office

B

ايمن محمد عاطف محمد
par ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

B

References considerations of materiality depends on the professional judgment is influenced by the needs of the beneficiaries of the financial statements. When examining the references of the relative importance for the purposes of the review must take into account the requirements of the relative importance of specific accounting standards, including the nature of the item or part or group, Accounting Measurement bases or evidentiary requirements of the item or part or group, the degree of confidence in the accounting measurement, the ability of facility management to identify the item or part or group size, importance of the item or part or group of decisions taken by the beneficiaries of the financial statements.

 

 

materiality is the relative value of the item or items of the financial statements of the order of things to be disclosed or expected impact on the decisions taken by users based on the information presented in the financial statements. The item or order a relative importance if it is likely to lead not to disclose it, or poor display or deleted to distortion or lack of information presented in the financial statements degree lead to mislead the reader conscious when making a decision based on that information

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (B)  >>>>>>>>>> { The auditor remuneration }

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

B is the correct answer 

MOHAMMAD WAQAS KHAN
par MOHAMMAD WAQAS KHAN , seniour accountant , new bilour match

B

Dennis Azarcon
par Dennis Azarcon , Financial Controller , Kingspan Insulation LLC

B

Alex Al Yazouri
par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

B. The auditor remuneration.

Utilisateur supprimé
par Utilisateur supprimé

option B

Ismail Mamoojee
par Ismail Mamoojee , Group Compliance Officer , Liberty

B

Hany Sabry
par Hany Sabry , Finance Manager , Coffee Adress

the correct answer is ( The auditor’s remuneration) B

Roy Aviles
par Roy Aviles , Senior Accountant , Bab Ishtar Group WLL

b