Botha, W.J.J. (Willem Johannes Jacobus)Gloeck, Juergen D. (Juergen Dieter), 1956-2007-12-122007-12-121998Botha, WJJ & Gloeck, JD 1998, 'A normative reference framework for determining audit materiality', Southern African Journal of Accountability and Auditing Research, vol. 1. [http://www.saiga.co.za/publications-sajaar.htm]1028-9003http://hdl.handle.net/2263/4062Materiality is a central concept in the process which is applied during the external audit of company annual financial statements. Guidelines issued by professional standard-setting bodies generally state that the determination of audit materiality is primarily a matter of professional judgement. A normative analysis and description of the materiality concept in auditing led to the formulation of specific normative principles in respect of determining audit materiality which are presented in this article. These normative principles are summarised and discussed in a normative reference framework for determining audit materiality. The normative reference framework represents the factors which should influence the external auditor's decisions in respect of determining audit materiality and, therefore, provides external auditors with specific guidance in this regard. The application of normatively based decision making processes serves to enhance the accountability of the duties and functions of the external auditor156045 bytesapplication/pdfenSouthern African Institute of Government AuditorsAudit materialityExternal auditProfessional judgementAudit planningPostulatesEvaluation of audit proceduresMateriality studiesReference frameworkAuditingMateriality (Accounting)Article