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That would hopefully be caught by internal controls and internal audit but would be of relatively little interest to an external auditor like EY. The figures ar
by jsmith99 4y ago
That would hopefully be caught by internal controls and internal audit but would be of relatively little interest to an external auditor like EY. The figures are small enough to be immaterial, meaning they don't significantly affect the accounts. The external auditors would be more likely to scrutinise big contracts and related party transactions involving senior management.