THE ROLE OF THE MATERIALITY IN AUDIT AND ACCOUNTACY IN AGRICULTURAL ORGANIZATIONS

In this article it is realised an overview of the importance that the materiality has forthe audit and the accountancy activity, beeing an interdependence relationship between theinformation provided by the accountancy and audit activity. Based on previous studies concerningthe materiality, in this article it is developed a synthetic theoretical framework regarding themateriality, the relationship between materiality and audit risk, the steps that heve to be made inorder to determine the materiality, and ultimately it is realised a case study concerning thecalculation and analysis of the materiality in an agriculture entity. The research leads to two majorcategories of tangible results; on the one hand it is realised a qualitative theoretical synthesis onmateriality, on the other hand, it exemplifies the calculation and analysis of materiality, and last butnot least it highlights the importance of determining the materiality for the activity of anyorganization.