International Standard on Auditing (ISA) 320, Materiality in Planning and Performing an Audit, should be read in the context of ISA 200, Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing.

These International Standards on Auditing (ISAs) 320 (Revised and Redrafted), “Materiality in Planning and Performing an Audit” and 450 (Revised and Redrafted), “Evaluation of Misstatements Identified during the Audit” were prepared by the International Auditing and Assurance Standards Board (IAASB), an independent standard-setting body within t...

ISA 320 (Revised) – Introduction. 1. Scope of this ISA; 2. Effective Date; ISA 320 – Objective; ISA 320 – Definition. 1. Performance Materiality; ISA 320 – Requirements. 1. Determining Materiality and Performance Materiality When Planning the Audit; 2. Revision as the Audit Progresses; 3. Documentation; Synopsis

2014年12月17日 · ISA 320 require auditor to determine performance materiality for purposes of assessing the risks of material misstatement and determining the nature, timing and extent of further audit procedures. Revise the materiality or set the lower amount if …

International Standard on Auditing (ISA) 320, Materiality in Planning and Performing an Audit, should be read in the context of ISA 200, Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing.

International Standard on Auditing 320: Materiality in Planning and Performing an Audit explains the concept of materiality and how it is used by the auditor in engagement to reach important conclusions regarding procedures and evidence obtained. Concept of materiality is the core concept in risk-based audit approaches.

This International Standard on Auditing (ISA) deals with the auditor’s responsibility to evaluate the effect of identified misstatements on the audit and of uncorrected misstatements, if any, on the financial statements.

ISA 320 392 AUDIT MATERIALITY Introduction 1. The purpose of this International Standard on Auditing (ISA) is to establish standards and provide guidance on the concept of materiality and its relationship with audit risk.

International Standard on Auditing (ISA) 320, “Audit Materiality” should be read in the context of the “Preface to the International Standards on Quality Control, Auditing, Review, Other Assurance and Related Services,” which sets out the application and authority of ISAs.

International Standard on Auditing (ISA) 320 (Revised and Redrafted), “Materiality in Planning and Performing an Audit” should be read in the context of ISA 200 (Revised and Redrafted), “Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing.” 1.