To determine the engagement materiality, open the Audit tab and
click the Materiality button.

Indicators

The right section of the active window displays the most commonly used
Materiality indicators. You can apply them in the left section
fields by right-clicking on an indicator and selecting Use selected
value. If you don't want to apply ready-to-use material indicators,
you can enter your own values.

Note

To be able to use the materiality indicators, you must have imported the
Statement of financial position and Income statement.

Risks

The tab shows all risks that have been identified as affecting
materiality.

Description

The section gives further information about the selected material
indicator.

Overall materiality

• The chosen materiality is based on - enter as short text what
  the selected materiality is based on
• % of base value - determine the percentage of base value
• Overall materiality - determine the overall materiality value
• Previous period materiality - enter the materiality threshold of
  previous period, if any
• Non-material misstatements - determine the threshold of
  non-material misstatements

Choosing materiality grounds

In this tab, auditors are expected to give more detailed reasons for
their choice of materiality threshold.

Significant disclosures

Here you can enter all significant disclosures.

Performance materiality

• % from overall materiality - the percentage of the overall
  materiality that will be the performance materiality
• Performance materiality - automatically calculated on the basis
  of overall materiality

Performance materiality = "Overall materiality" x "% from overall materiality"