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Auditing

Lecture 3 & 4

Going concern, assurance vs audit, materiality, performance materiality, clearly trivial thresholds, and audit report scope.

Question 5 of 9

Enter the typical percentage ranges used for these common materiality benchmarks.

Enter numbers with or without the % sign.

Complete the exercise: Enter numbers with or without the % sign.
BenchmarkFrom %To %
Profit before tax
Revenue
Total assets
Equity