UTILIZAREA PRAGULUI DE SEMNIFICATIE SI A RISCULUI DE AUDIT
    ÎN PLANIFICAREA SI CONDUCEREA AUDITULUI FINANCIAR /
   THE USE OF MATERIALITY AND AUDIT RISK WHEN PLANNING
                  AND MANAGING THE AUDIT

Prof. univ. dr. Victor Munteanu – Universitatea “Româno-Americana” Bucuresti

The purpose of financial audit (hereinafter referred to as audit) is to gather sufficient audit
evidence attesting the fidelity of the financial statements of an enterprise in accordance with
generally accepted accounting principles. The paperwork presents critical issues related to
the materiality in audit and the audit risk, concepts that base the insurances that can be
offered by auditors to users of financial auditors to support decisions to invest or credit the
enterprise.

Keywords: financial audit, financial statement, risk, materiality

JEL codes: M42, M41