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Unformatted text preview: E. What basis would be more likely to be used for a growth company, NIBT or TA? Steps in Applying Materiality 1. Set Preliminary judgment about materiality 2. Allocate preliminary judgment about materiality segments 3. Estimate total misstatement in segment 5. Compare combined estimate with preliminary or revised judgment about materiality 4. Estimate the combined misstatement Arens, Elder Beasley text P L A N N I N G T E S T I N G...
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.
- Fall '08