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Sir in one the standards of auditing u had explained about the relationship between audit risk nd materiality.. Can i know which one is it.
Shru Kanda
CA Inter
★ 610
17-Aug-20 15:44
354
Answers (3)
Best Answer
Audit risk is inversely proportional to materiality. High materiality ,less checking and evidence and vice versa.
Shravan Kumar
★ 25K+
27-Sep-20 12:46
SA 320 - 3rd video "Applying materiality in audit"
Sudha Reddy
CA Final
★ 20K+
17-Aug-20 23:01
Ok tq mam.. Will c it
Thread Starter
18-Aug-20 00:48