1999年8月12日 · The materiality of a misstatement may turn on where it appears in the financial statements. For example, a misstatement may involve a segment of the registrant's operations.

Based on evidence obtained throughout the audit, the auditor should monitor and revise, if needed, preliminary assessments made during the planning phase for risk of material …

A misstatement, including omission of information, is material if, in light of surrounding facts and circumstances, it could reasonably be expected that the judgment of a reasonable user relying …

TFM: The federal entity’s auditor should communicate factual, projected, and judgmental misstatements identified during the audit using a Summary of Uncorrected Misstatements …

There is a substantial valuation misstatement if there is a misstatement described in § 1.6662-6 (b) (1) or (c) (1) (concerning substantial valuation misstatements pertaining to transactions …

Reg. ' 1.6662-6(f) sets forth rules for coordinating between the 20 percent substantial valuation misstatement penalty and the 40 percent gross valuation misstatement penalty when both the …

2022年3月9日 · Management’s ICFR effectiveness assessment must consider the magnitude of the potential misstatement that could result from a control deficiency, and we note that the …