For regulators, auditees and auditors, the materiality of water quality compliance audit grades is always an interesting subject. The level of materiality, can in some cases, mean the difference between a fine or just a noted, non-compliance, with no major outcomes on risk objectives or licence compliance. In this joint Risk Edge, D2K Information, Wai Comply White Paper – our Risk Edge founder and Principal Risk Analyst, Dr Annette Davison, provides her top tips for understanding and assessing materiality, in conjunction with Wai Comply co-founder, Matt Parkinson. If you are just about to go into, or are preparing for an upcoming audit – this White Paper is a ‘must read’.
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