Put differently, "materiality is an entity-specific aspect of relevance, based on the size, or magnitude, or both," of the items to which financial information relates.

Dec 4, 2016 · The meaning of MATERIALITY is the quality or state of being material.

In general, materiality relates to information that a reasonable investor needs to know in order to make an informed decision about an investment. Any party that submits new evidence must …

Jul 19, 2024 · Materiality refers to the significance of an amount, transaction, or discrepancy in financial statements. Something is considered material if its omission or error could influence …

In accounting, materiality refers to the relative size of an amount. Relatively large amounts are material, while relatively small amounts are not material (or immaterial).

Jul 25, 2025 · Materiality is the threshold above which missing or incorrect information in financial statements can have an impact on the decision making of users.

MATERIALITY definition: material nature or quality. See examples of materiality used in a sentence.

Jan 13, 2025 · Simply put, materiality determines what’s important enough to be included in the financial statements and what can be omitted. It may also affect the nature, timing and extent …

Materiality is a key accounting principle that determines whether a discrepancy, such as an omission or misstatement, would impact a reasonable user’s decision-making. If it would, the …

2 meanings: 1. the state or quality of being physical or material 2. substance; matter.... Click for more definitions.