Question: Do you believe that the $785,000 amount at the center of the Overstock-Grant Thornton dispute was material? Defend your answer. What factors other than quantitative

Do you believe that the $785,000 amount at the center of the Overstock-Grant Thornton dispute was material? Defend your answer. What factors other than quantitative considerations should have been considered in deciding whether the $785,000 amount was material?

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Let me begin with a prologue or overview of what professional standards have to say regarding the critical materiality concept in an accounting context The FASBs definition of materiality can be found ... View full answer

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