چکیده مقاله
Purpose: Determining the materiality level to enable standardisation in auditors' opinions Design/ Methodology/Approach: To determine the materiality level, We calculate the ratios of non compliant amounts to the total assets and liabilities in the balance sheet and income statement Then we compare the ratios of non compliant amounts and quantitative distortions with the ratios established by professional authorities for different industries Finding: If the ratios resulting from non compliant quantitative principles or qualitative misstatements identified during the auditor's examination exceed the materiality level set by relevant professional authorities, they are included in the explanatory paragraphs of the auditor's report If they fall below this materiality level, they are reported in the auditor’s Management Letter to the board of directors Originality: This approach ensures uniformity in both the explanatory paragraphs of auditors' reports and the nature of their opinions on similar matters across different business entities Besides establishing consistency in auditing opinions, it enhances their professional credibility
کلیدواژهها
نویسندگان
Morteza Adibi
Member of the Iranian Association of Certified Public Accountants AICPA
شیوه ارجاع
Adibi, Morteza,1404,Determining Materiality as the Foundation for Uniformity in Audit Opinions,6th International Conference on Management, Business, Economics and Accounting
ارائهشده در
مجموعه مقالات ششمین کنفرانس بین المللی مدیریت، بازرگانی، اقتصاد و حسابداری30 خرداد 1404