Question: Question content area top Part 1 When there is a lack of consistent application in accounting principles, Question content area bottom Part 1 A .

Question content area top
Part 1
When there is a lack of consistent application in accounting principles,
Question content area bottom
Part 1
A.
the nature and impact of the change should be adequately disclosed.
B.
the auditor should discuss the nature of the change and point the reader to the footnote that discusses the change.
C.
the materiality of the change is evaluated based on the current year effect of the change.
D.
all of the above.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!