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The materiality of water quality audit grades

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 The Risk Edge Group, D2K Information, Wai Comply White Paper – The Risk Edge Group 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’.