When performing an integrated audit, auditors should identify significant accounts and disclosures. What makes an account significant?

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When performing an integrated audit, auditors should identify significant accounts and disclosures. What makes an account significant? What factors should be considered in deciding whether an account is significant?

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Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Question Posted: Oct 27, 2014 05:02 AM

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When performing an integrated audit, auditors should identify significant accounts and disclosures. What makes an account significant?

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An account is significant if there is more than a remote likeli...View the full answer

Principles of Auditing and Other Assurance Services

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