The stratification calculation example in the chapter shows the results of calculating the projected likely misstatement using
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The stratification calculation example in the chapter shows the results of calculating the projected likely misstatement using the difference method. Assume the results shown in Exhibit EP 10-5 were obtained from a stratified sample.
Required:
Apply the ratio calculation method to each stratum to calculate the projected likely misstatement (PLM). What is PLM for the entire sample?
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Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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