How may auditors improve their professional judgements and communications on materiality? Katharine Bagshaw explores recent insights.
Determining and applying materiality
Access practical resources on determining and applying materiality on audits to help understand auditors’ responsibilities and the requirements of International Standards on Auditing (ISAs), in particular, ISA 320 and ISA 450. These resources include practical support intended to help auditors deal with the challenges that may arise.
Applying the materiality requirements in International Standards on Auditing (ISAs) can be challenging. As highlighted in inspection findings, reviews and from experience in practice, it’s an area where improvement could be made.
Materiality is more than a number. David Gallagher explores how this professional judgement can help to steer a more efficient and effective audit.
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In this webinar David Gallagher will address how to apply these principles effectively and how to record them efficiently. He will briefly summarise the key requirements of the ISAs but the main focus will be on effective application and will include practical guidance and examples.