Forums

SA 320

Auditing

Planning materiality is for the company as a whole or it can different for different accounts? Eg for one account balance can it be 500000 and for other account where the risk seems to be high be 200000?


Venkatesh Rathinam

Venkatesh Rathinam

CA Final

15K+

28-Dec-20 07:48

337

Answers (2)

It can be for both separately.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

28-Dec-20 08:38

CA Suraj Lakhotia Admin

It can be for both separately.

Thank you sir


Thread Starter

Venkatesh Rathinam

Venkatesh Rathinam

CA Final

15K+

28-Dec-20 08:41

Offer