请把下面英文换一种表达方法1.The dual entry nature of accounting results in misstatements affecting at least two accounts.Most misstatements affect both a balance sheet and income statement account.Thereforeauditors must design the audit
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请把下面英文换一种表达方法1.The dual entry nature of accounting results in misstatements affecting at least two accounts.Most misstatements affect both a balance sheet and income statement account.Thereforeauditors must design the audit
请把下面英文换一种表达方法
1.The dual entry nature of accounting results in misstatements affecting at least two accounts.
Most misstatements affect both a balance sheet and income statement account.Therefore
auditors must design the audit to find the smallest misstatement that would influence users
of the financial statements.Reasonable assurance that the financial statements are free of
material misstatements cannot be provided unless the audit is designed to detect the smallest
misstatement that would influence users.
2.
A high likelihood of management fraud makes it more likely that individual account
misstatements will have the same directional effect on net income (i.e.,asset accounts will
be overstated and liability accounts will be understated).On the other hand,a low likelihood
of management fraud makes it more likely that individual account misstatements will have
an offsetting effect on net income (i.e.,some asset and liability account misstatements will
overstate net income while other account misstatements will understate net income).
请把下面英文换一种表达方法1.The dual entry nature of accounting results in misstatements affecting at least two accounts.Most misstatements affect both a balance sheet and income statement account.Thereforeauditors must design the audit
1.The dual entry nature of accounting leads to misstatements influencing at least two accounts.In most cases,misstatements have an influence on a balance sheet as well as the income statement account.Consequently,auditors must design the audit so as to discover the most negligible misstatement that is likely to affect users of the financial statements.Unless the audit is designed to do so,the financial statements cannot be assured to be free of mateiral misstatements.
2.If management fraud is highly likely to occur,it increases the possibility of individual account misstatements that exert the same directional effect on net income (i.e.overstatement of asset accounts and understantement of liablility accounts).In the second place,if management fraud rarely occurs,it increases the possibility of individual account misstatements that have an offsetting influence on net income (i.e.overstatement of some asset and liability account misstatements and understantement of other account misstatements).