永利国际娱乐注册送56 会员中心 TAG标签
网站地图 RSS
英国作业 新西兰作业 爱尔兰作业 美国作业 加拿大作业
返回永利国际娱乐注册送56

留学生作业会计平衡表格代写 MATERIALITY LEVEL CALCULATION - EXAMPLE

时间:2010-12-16 16:06来源:永利国际娱乐注册送56_www.66402.com【官方网】 编辑:留学生论文网 点击:
How is materiality level selected? Auditors typically choose the lowest amount which in this case is $95,000 as materiality level for this audit. The $95,000 would typically be chosen as materiality level for audit of not-for-profit or

MATERIALITY LEVEL CALCULATION - EXAMPLE   ukassignment@qq.com(1455780998)
 How is materiality level calculated?   
Account balance Balance Rate % Materiality level 
Total revenue  $    50,000,000.00  0.25  $   125,000.00  
Total expenditure  $    38,000,000.00  0.25  $      95,000.00  
Total non-current assets  $  500,000,000.00  0.3  $1,500,000.00  
Profit before income tax  $    20,000,000.00  0.5  $    100,000.00  
Equity  $    80,000,000.00  0.5  $    400,000.00  

How is materiality level selected?    
Auditors typically choose the lowest amount which in this case is $95,000 as materiality level for this audit.
The $95,000 would typically be chosen as materiality level for audit of not-for-profit organisation. 
However, auditors can also choose the $125,000 when auditing a for-profit organisation. 
Using professional judgment, auditors decide to choose $125,000 in this example as materiality level.
    
How is materiality level applied?    
Revenue account   Accounts Payable 
Account balance  $    50,000,000.00   Account balance  $                1,000,000.00
Number of transactions                       10,000   Number of transactions                  400
Sample size                           400  Sample size     48
Tolerable errors                            10  Tolerable errors       4
Number of errors found                                8  Number of errors found       3
$ value of errors found  $               8,000.00   $ value of errors found  $     2,000.00
Projected back to population                         200  Projected back to population     25



推荐内容
  • 英国作业
  • 新西兰作业
  • 爱尔兰作业
  • 美国作业
  • 加拿大作业
  • 代写英国essay
  • 代写澳洲essay
  • 代写美国essay
  • 代写加拿大essay
  • MBA Essay
  • Essay格式范文
  • 澳洲66402
  • 代写英国assignment
  • 新西兰66402
  • Assignment格式
  • 如何写assignment
  • 代写英国termpaper
  • 代写澳洲termpaper
  • 英国coursework代写
  • PEST分析法
  • literature review
  • Research Proposal
  • 参考文献格式
  • case study
  • presentation
  • report格式
  • Summary范文
  • common application
  • Personal Statement
  • Motivation Letter
  • Application Letter
  • recommendation letter
  • Europe (24-hours)
    EN:13917206902
    china (24-hours)
    CN:13917206902
    在线客服团队
    全天候24小时在线客服 QQ:1455780998

    微信在线客服(24小时)

    微信公众订阅号
    XML 地图 | Sitemap 地图