00:02 Feb 16, 2014 |
Russian to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Velga United Kingdom Local time: 10:06 | ||||||
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Summary of answers provided | ||||
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4 +1 | Defining materiality...(materiality) cut off point is set/determined ... |
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3 | when assessing substantiality.... the amount is considered substantial |
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when assessing substantiality.... the amount is considered substantial Explanation: when assessing substantiality.... the amount is considered substantial |
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Defining materiality...(materiality) cut off point is set/determined ... Explanation: For the purpose of materiality numeric threshold... See: http://en.wikipedia.org/wiki/Materiality_(auditing) http://www.journalofaccountancy.com/Issues/2005/May/TheNewIm... |
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