The evidence that is gathered by an auditor plays a crucial role in the results of the audit and the recommendations that are provided to management. When gathering evidence with regard to financial misstatements, the auditor is presented with 3 different types of misstatements that could occur at financial statement and assertion level.

You are required to discuss these misstatements.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Misstatement arises via transactions an... View the full answer