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Topical Terminology > Materiality



6 Definitions

Materiality

For Materiality we have terms and definitions in 6 topics. The topics are Accounting, Accounting Terms, Finance, Fundraising, Insurance Compensation and Tax.



Materiality (Accounting)

Magnitude of an omission or misstatements of ACCOUNTING information that, in the light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would change or be influenced.


Materiality (Accounting Terms)

Magnitude of an omission or misstatements of ACCOUNTING information that, in the light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would change or be influenced.


Materiality (Finance)

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


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Materiality (Fundraising)

Magnitude of an omission or misstatements of accounting information that, in the light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would change or be influenced.


Materiality (Insurance Compensation)

In accounting, this idea represents that that relevant information concerning monetary transactions and/or condition of the organization it to be reported and explained separately.


Materiality (Tax)

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.


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