Materiality considerations in audits according to international audit references a field study in the Algerian Audit environment

Abstract

The study aimed to clarify the compatibility between the professional practice of the concept of materiality concerning the auditor in Algeria and the international audit reference; standard 320 “MATERIALITY IN PLANNING AND PERFORMING AN AUDIT”, from the point of view of professionals in Algeria. To achieve the study’s objectives, the descriptive approach was adopted by preparing and distributing a questionnaire to a sample of Algerian auditors. The answers were analyzed using SPSS 25.

The study concluded that the International Auditing Standard 320 is applied as a normal professional practice during the audit process. It must therefore be adopted and amended according to the Algerian environment to ensure optimum application of the concept of materiality and the framing of this practice on one hand, and to increase the efficiency of the auditing process and the audit report on the other.