Materiality in Planning and Performing an Audit
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چکیده
.01 This section addresses the auditor's responsibility to apply the concept of materiality in planning and performing an audit of financial statements. Section 450,Evaluation ofMisstatements IdentifiedDuring the Audit, explains how materiality is applied in evaluating the effect of identified misstatements on the audit and the effect of uncorrected misstatements, if any, on the financial statements.
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