is the importance of information or an event that influences a company's price of stock.

The convention that requires that an item or event in a financial statement be important to the users of financial statements.

Relevancy. (1) In insurance law, all facts that affect an insurer's risk-appraisal decision. (2) In accounting, the quality of accounting information that requires companies to disclose all significant information in their financial statements.

This is usually a value judgment to determine if the dollar value of an item when included or excluded would affect the fairness of financial statements. A $10,000 item might be material in the financial statements of a locally owned business, but immaterial on the statements of a national corporation.

Information important enough to change an investor's decision. Materiality includes the absolute value and relationship of an amount to other information.

the extent to which the misstatement or omission of an item of information might reasonably be expected to influence a decision of a user of the information.

The non-financial aspects of our operations that we consider material to our performance and therefore important to disclose and report on.

The importance of an event or information in influencing a company's stock price.

an expression of the relative significance or importance of a particular matter in the context of the organization as a whole.

A potential error is considered to be "material" (i.e., important, significant) to the financial statements if it could have the effect of changing a reader's impression of the government's financial position, results of operations, or cash flows. In making judgments concerning a potential error's "materiality", auditors consider both its qualitative and quantitative impact.

Information is material if its omission or misstatement could influence the economic decisions of users taken on the basis of financial information. Materiality depends on the size of the item or error judged in the particular circumstances of its omission or misstatement.

Any issue related to a business that would influence an investor in their decision to buy or sell the securities of that business.

The concept that recognizes that small or insignificant deviations from generally accepted accounting principals can be treated in the easiest manner.

Information is material f its omission or misstatement could influence the economic decisions of users taken on the basis of the financial statements.

disclosing all information of significant concern to stakeholders for assessing our economic, environmental, and social performance.

A term used to describe the significance of financial statement information to decision makers. An item of information is material if it is probable that its omission or misstatement would influence or change a decision.

is the magnitude of an omission or misstatement of accounting or performance information that, in the light of context or circumstances, makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced.

The magnitude of an omission or misstatement in accounting information that will affect the judgment of someone relying on the information.

Materiality is the concept that is used to evaluate whether accounting information is sufficiently significant to users of accounts such that it should not be omitted or misstated in the accounts. Materiality depends on the size of the item or error judged in the particular circumstances of its omission or misstatement. The concept of materiality is particularly important for auditors who must assess whether errors they find in accounts need to be adjusted before the accounts are finalised. (See also audit)

The FTC theoretically will not regulate a deceptive advertisement unless the deceptive claim is also material. This means, in simple terms, that the claim must be important to consumers, rather than trivial. The FTC requires that the deception be likely to affect consumers' "choice of, or conduct regarding, a product."

The accounting guideline that permits the violation of another accounting guideline if the amount is insignificant. For example, a profitable company with several million dollars of sales is likely to expense immediately a $200 printer instead of depreciating the printer over its useful life. The justification is that no lender or investor will be misled by a one-time expense of $200 instead of say $40 per year for five years. Another example is a large company's reporting of financial statement amounts in thousands of dollars instead of amounts to the penny. To Top

Information or an event that is significant enough to have a large impact on a corporation's stock prices is said to have materiality, or be material. Material information is information a reasonable investor needs to make an informed decision about the investment, such as an earnings report not yet released, plans to takeover another company, or that the company has itself become a target company.

Materiality is an auditing concept relating to the importance of an amount, transaction, or discrepancy. The objective of an audit of financial statements is to enable the auditor to express an opinion whether the financial statements are prepared, in all material respects, in accordance with an identified financial reporting framework such as Generally Accepted Accounting Principles. The assessment of what is material is a matter of professional judgment.