When an auditor is trying to determine how changes can affect consistency and and/or comparability, he...
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When an auditor is trying to determine how changes can affect consistency and and/or comparability, he should keep in mind that O items that materially affect the comparability of financial statements requires a disclaimer of opinion. O changes that involve either comparability or consistency only need to be mentioned in the footnotes. O changes that affect consistency require an explanatory paragraph if they are material. changes that affect comparability but not consistency require an explanatory paragraph. When an auditor is trying to determine how changes can affect consistency and and/or comparability, he should keep in mind that O items that materially affect the comparability of financial statements requires a disclaimer of opinion. O changes that involve either comparability or consistency only need to be mentioned in the footnotes. O changes that affect consistency require an explanatory paragraph if they are material. changes that affect comparability but not consistency require an explanatory paragraph.
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Related Book For
An introduction to management science quantitative approaches to decision making
ISBN: 978-1111532222
13th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
Posted Date:
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