Materiality Made Clear - Practical Guidance for Auditors

Introduction

This short webinar explores the key considerations involved in setting materiality and performance materiality in a financial statement audit.

Through practical examples, it demonstrates how to select an appropriate benchmark and determine a suitable percentage to apply.

It will also cover factors that influence performance materiality and highlights scenarios where a lower materiality threshold may be necessary for specific audit areas.

What You Will Learn

This webinar will cover the following:

• How to evaluate different benchmarks and select the most appropriate one for the entity
• Key considerations when determining the percentage to apply
• Considerations for setting performance materiality
• When and why to apply lower materiality levels to specific account areas or disclosures
• Practical tips for documenting materiality judgments clearly and effectively

This pre-recorded webinar will be available to view from Thursday 19th March 2026

Alternatively, you can gain access to this webinar and 2,101 others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.