CCH Audit Automation
Materiality Base of Factors
The document details the functionality of CCH Audit Automation in calculating up to four materiality figures based on defined factor bases. Each materiality figure is an average derived from a combination of classifications from the chart of accounts, such as turnover and result before tax. It describes the process for defining materiality factors, editing classifications, and setting applicable percentages. Additionally, it outlines the use of a materiality calculation matrix and explains how to apply graduated or flat percentages, including restrictions for account totals. Overall, it serves as a guide for customizing materiality calculations within the system.