Feed on

Tag Archive 'Materiality'

#15 Immaterial

If accountants had their way, everything would be immaterial. “50% of gross assets? Immaterial!” “Oh, it’s only a few hundred million off? Totally immaterial.” Material, roughly speaking, means that an omission or misstatement of the data could potentially influence the decision of an end user. To say something is immaterial is to say that it […]

Read Full Post »