| I also indicate that I perform my audit procedures to assess whether the financial statements are free of material misstatement. |
| That is why we jib slightly the description of this case as a negligent misstatement case. |
| Materiality depends on the size and nature of the omission or misstatement judged in the surrounding circumstances. |
| How the misstatement came to be made, I do not know and will not speculate. |
| I do not attribute any wilful misstatement to him, but consider it the effect of inadvertency or mistake. |
| The purpose of all of this is to catch them in some misstatement, no matter how trivial, which can then be labeled as false or even perjurious. |
