ISA (NZ) 320 Materiality in Planning and Performing an Audit

  • Auditing
  • Archived Standards

This Standard deals with the auditor’s responsibility to apply the concept of materiality in planning and performing an audit of financial statements.


Effective for audits of financial statements for periods as indicated. Also applies to subsequent annual reporting periods until that standard is superseded by a new/amended/revised standard.

  • Amending Standards (from the disclosures project) – Periods ending on or after 15 Dec 2016

    Date of issue: Oct 2015
  • ISA (NZ) 320 – Periods beginning on or after 1 Sep 2011

    Date of issue: Jul 2011 Date compiled to: 1 Jul 2011
    Additional material: Comparison to ISA 320