Onsite Course
Feb 28, 2020 - Feb 28, 2020
09:00 - 12:15
230 Works, Triq Il-Kungress Ewkaristiku, Mosta
0 Students Enrolled
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Course overview:

Audit materiality is one of the most important concepts for auditors. Misstatements, including omissions, are considered to be material if, individually or in the aggregate, they are reasonably expected to influence the economic decisions of users of the financial statements. ISA 320, Materiality in planning and performing an audit sets out the requirements for applying the concept of materiality in planning and performing audits of financial statements. This seminar will focus on how to determine materiality and performance materiality through various practical examples.

To obtain audit evidence, the auditor performs one or a combination of procedures, including analytical procedures. Analytical procedures consist of evaluation of financial information through analysis of plausible relationships among both financial and non-financial data. ISA520, Analytical Procedures deals with the auditor’s use of analytical procedures. This seminar will focus on the stages of the audit when analytical procedures may or should be used. It will also focus on the application of analytical procedures through various illustrative examples.


The training course is specifically targeted for accountants and auditors, as well as students who are pursuing or intend to pursue a career generally in accounting and auditing.

Course Agenda:

This workshop will cover:

  • Definition of materiality;
  • Application of the concept of materiality in planning and performing the audit;
  • Analytical procedures as substantive procedures
  • Analytical procedures as risk assessment procedures
  • Analytical procedures at audit completion


Friday 28th February 2020


8:45 – 09:00 – Registration

09:00 – 10:30 – Part 1

10:30 – 10:45 – Coffee Break

10:45 – 12.15 – Part 2

CPE Accreditation:

3 core hours


Kris Bartolo & Janice Lyn Schembri