If the auditor approaches the audit of the accounts in s sequential manner,the findings of the audit of accounts audited earlier can be used to revise the performance materiality established for accounts audited later.

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The auditor can use the findings of the audit of accounts audited earlier to revise the performance materiality established for accounts audited later in a sequential audit approach. This is because the auditor may come across new information or changes in circumstances that may affect the risks and materiality of the accounts audited later. By revising the performance materiality, the auditor can ensure that the audit is focused on the areas with the highest risk of material misstatement.

If the Auditor Approaches the Audit of the Accounts in S