Section Documentation - ASA 320 - Materiality in Planning and Performing an Audit - October 2009 - Documentation

The auditor shall include in the audit documentation the following amounts and the factors considered in their determination:[5]
1. Materiality for the financial report as a whole (see paragraph 10 of this Auditing Standard);
2. If applicable, the materiality level or levels for particular classes of transactions, account balances or disclosures (see paragraph 10 of this Auditing Standard);
3. Performance materiality (see paragraph 11 of this Auditing Standard); and
4. Any revision of (a)-(c) as the audit progressed (see paragraphs 12-13 of this Auditing Standard).

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