Trivial misstatements

Some auditors set amounts below where detected misstatements need not be accumulated on the summary of audit differences. This practice is referred to as adjustments passed at the workpaper level. This amount should be determined such that any misstatements either individually or when aggregated with other misstatements, would be clearly immaterial to the financial statements, after the possibility of further undetected misstatements is considered.
A space has been provided for you to document, if desired, the amount of misstatements that will be passed at the workpaper level.