The auditor's preliminary judgment about materiality cannot be made before the financial statement date, when annual amounts become known.

Name: The auditor's preliminary judgment about materiality cannot be made before the financial statement date, when annual amounts become known.
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The auditor's preliminary judgment about materiality is often made before the financial statement date, as it is used to plan the nature, timing, and extent of audit procedures.

The Auditor's Preliminary Judgment About Materiality Cannot Be Made Before