Probe | How to change Overall final materiality on the leadsheets

Scenario:

  Answer:

Note:

• Ensure that all the lead sheets are closed before making any changes to the evaluation of misstatements(02.40).

• Changes made on other documents like 02.40 affect other scripts that need to be updated before you can open the leadsheets. 

1. Open document 02.40 Evaluation of misstatements and override the ‘overall materiality set during the planning stage’ and click on ‘save’.

2. Open document 10.60 Overall materiality assessment, to refresh the changes made on document 02.40 (to update the scripts). 
 

3. Open the lead sheets, and note that the amount changed. 
 

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