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performance materiality

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Kim Smith.

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April 17, 2019 at 10:59 pm #513320
lauramoreno
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Hi, can you explain what is exactly performance materiality? and is it always lower than the preliminary estimation of materiality?
Thanks
April 18, 2019 at 11:47 am #513381
Kim Smith
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I’m pretty sure this is covered in notes/lectures. It has to be less than overall materiality so errors of lesser amounts are identified which could in aggregate be material.
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