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2022 Year-end toolkit: Managing materiality assessments

PwC's accounting podcast

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The Importance of Quantitative Analysis

I know from my own experience reviewing these preparing these being involved with the client on these. That can get messy very fast and they can be difficult to do, particularly if you're dealing with multiple smaller items. The ones that get controls are critically important. And we talked a lot about the whole control value, which needs to be done, but on the numbers. Yeah. So obviously, just, you know, it's pretty basic, but the less hours you have the easier the analysis. Also, what's really important here is when there are a number of hours, you have to look at each individually and in the aggregate.

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