Methodology of calculating the equity level when carrying out an internal audit in a trade organization

The article discusses the concept of materiality in audit. The international standards of audit regulating the procedure for determining the level of materiality and audit risk in external and internal audits are highlighted. Important indicators are highlighted, taking into account the specifics of trading activities. Their choice and meaning are justified. Their impact on the reporting of a trade organization is determined. A method for calculating the level of materiality is proposed. The dependence of the audit risk and the level of materiality is determined.