Materiality refers to the decision made by auditors about the transaction amounts that they will audit. Any amounts smaller than this amount are ignored (are not material). | Accounting concepts

Title

Materiality refers to the decision made by auditors about the transaction amounts that they will audit. Any amounts smaller than this amount are ignored (are not material).

%title

Materiality refers to the decision made by auditors about the transaction amounts that they will audit. Any amounts smaller than this amount are ignored (are not material).

Subject: 

  • Accounting

Category: 

  • Accounting concepts
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