noun জড়তা; জড়ত্ব;
materiality definition
The significance of an accounting misstatement or omission in the context of financial reporting.
materiality শব্দটির synonyms বা প্রতিশব্দ
corporality, physicalness, corporeality, materiality,
materiality Example in a sentence
The company’s financial statements lacked materiality, resulting in a fair presentation.
The auditor assessed the materiality level to determine the significance of potential misstatements.
The error was deemed immaterial, as its impact on the financial statements was insignificant.
The quantitative and qualitative aspects of the misstatement were considered in determining its materiality.
The auditor concluded that the misstatement was material and required adjustment.
The materiality threshold set by management was too high, potentially overlooking significant errors.
The auditor exercised professional judgment in determining the materiality of the misstatement.
The financial impact of the misstatement was below the established materiality level, rendering it immaterial.
The materiality of the misstatement influenced the auditor’s reporting responsibilities.
The auditor’s materiality assessment ensured that only significant misstatements were reported to management.