Materiality and its relevance in audit

Lavina Goyal , Last updated: 23 December 2022  
  Share

Ques. What is Materiality? Ans. It is a Benchmark used to obtain reasonable assurance that an audit does not detect any material misstatement that can significantly impact the usability of financial statements. Materiality is a relative rather than an absolute concept. SA 320 Materiality in

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Join CCI Pro

Published by

Lavina Goyal
(CA Finalist)
Category Audit   Report

Other Articles  
Comment   Share
3 Likes   25143 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro

Trending Online Classes

view all classess

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category