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Module materiality_calculation

datasynth_core::models::audit

Module materiality_calculation 

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Materiality benchmark calculation models.

Materiality is set at the planning stage per ISA 320 and is used to:

  • Design audit procedures (performance materiality drives sample sizes)
  • Evaluate whether uncorrected misstatements are material (SAD threshold)
  • Determine whether items are clearly trivial (no further consideration)

References:

  • ISA 320 — Materiality in Planning and Performing an Audit
  • ISA 450 — Evaluation of Misstatements Identified during the Audit

Structs§

MaterialityCalculation
Materiality calculation for a single entity and reporting period.
NormalizationAdjustment
A single normalization adjustment to reported earnings.
NormalizedEarnings
Normalized earnings schedule — strips non-recurring items from reported earnings to arrive at a “run-rate” figure used as the materiality base.

Enums§

AdjustmentType
Type of normalization adjustment applied to reported earnings.
MaterialityBenchmark
Benchmark used to derive overall materiality.