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One of the most subjective aspects of Auditing that can lead to the Auditors work being put into question is materiality. 2.1 Discuss the concept

One of the most subjective aspects of Auditing that can lead to the Auditors work being put into question is materiality. 2.1 Discuss the concept of materiality. (16) 2.2 Discuss the nature of Materiality using examples. (9) Students must discuss the following in detail in their own words & using examples: Materiality is subjective Materiality is relative Materiality can be both quantitative and qualitative in nature

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