Audit understatement in one year, then an overstatement

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  • April 26, 2015 at 7:56 pm #193567
    SGB
    Member

    NINJA Question –

    Hey, just looking for a little clarification; auditing substantive tests and some results come up overstated and others understated. Do you net the amounts?

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  • April 26, 2015 at 8:49 pm #663145
    Missy
    Participant

    No.

    Licensed Massachusetts Non Reporting CPA since 2012
    Finance/Admin/HR Manager

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