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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

Shru Kanda

CA Inter

520

17-Aug-20

121

Answers (3)

Best Answer

Audit risk is inversely proportional to materiality. High materiality ,less checking and evidence and vice versa.


Shravan Kumar

Shravan Kumar

CA Inter

25K+

27-Sep-20

SA 320 - 3rd video "Applying materiality in audit"


sudha reddy

sudha reddy

Moderator

17-Aug-20

Ok tq mam.. Will c it


Thread Starter

Shru Kanda

Shru Kanda

CA Inter

520

18-Aug-20

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