today I am studying the chapter of auditing and assurance of CA intermediate
In the book it is written that
" the financial statements should be prepared in all material respects in accordance with the applicable financial reporting framework"
then in this whole line what is the meaning of material respect of a financial statement.
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Material respects in financial statements
Replies (2)
Heading is wrong
material aspect.
HERE FRAMEWORK MEANS THAT APPLICABLE FINANCIAL REPORTING STATEMENTS.
material aspect.
HERE FRAMEWORK MEANS THAT APPLICABLE FINANCIAL REPORTING STATEMENTS.
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