Abstract
Adult materiality and its level is a very important conception in modern auditing theory
and practice , and the concrete standard of adult materiality is called adult materiality
level . This paper is to discuss the relationship between audit materiality level and audit
risk,exposing both of the inverse relationship and positive relations between them .The
degree of audit risk depends on the judgment of audit materiality, while it is affected by audit
risk . Ina word , it is significant to understand correctly the relationship between audit
materiality and its level and audit risk,because it helps learn about the related content of the
principles of registered accountants in practice , helps them set up reasonable auditing
procedures,lowering down audit risk,and improve audit quality..
Keywords
adult materiality level;Audit risk;Precautionary measure;relationship between audlt
materiality and its level and audit risk