Define materiality

This topic applies to OnPoint Audit.

To aid in planning your engagement, OnPoint Audit is equipped with a materiality calculator to review engagements.

Complete 4-100 Materiality.

Use this document to:

  • Document the principal users of the financial statements.

  • Determine overall and performance materiality.

  • Determine what defines a trivial misstatement.

  • Determine materiality and performance materiality for specific circumstances, if required.

To learn more, see Define materiality.