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hi tutors can you help me with this questions What is materiality as per the Accounting standards and auditing standards? Outline the qualitative and quantitative

hi tutors

can you help me with this questions

  1. What is materiality as per the Accounting standards and auditing standards?
  2. Outline the qualitative and quantitative guidelines of materiality as per the Accounting standards and auditing standards.
  3. Before the removal of AASB 1031, how do the standards and guidelines of "materiality" influence the auditors judgment on materiality level and materials misstatements? What are the examples?

Thank you

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