When other auditors are involved in the audit and they qualify their portion of the audit, the principle auditor must decide if the amount in question is material to the financial statements as a whole.

Question

Quizplus · Accepted Answer

The principle auditor is responsible for making the determination of whether the amount in question is material to the financial statements as a whole, even if other auditors are involved and have qualified their portion of the audit. This decision requires professional judgment and an understanding of the context and significance of the amount involved.

When Other Auditors Are Involved in the Audit and They