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Accounting > Materiality

The following information is about Materiality.

Materiality Defined

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.

This definition is in context to Accounting. See more contextual defintions for Materiality.


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Off-site Materiality Links, User Submitted

The following links have been collected through user bookmark submission in the Materiality category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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  • AccountAbility - publications
  • Immortal Information: For centuries, archivists have noted a curious relationship between ?quantity? and ?quality? of items in their collections. That is, typically a storage medium?s durability is inversely proportional to the amount of information it can hold. For instance, Sumerian scribes could perhaps only fit a dozen lines of cuneiform onto a typical clay slab, but some of their inscriptions can still be read on surviving tablets six millennia later. Even something as fragile as printed words on paper can endure for hundreds, sometimes thousands of years if properly preserved. Modern electronic storage media like CDs, DVDs, and computer hard drives can store vastly greater amounts of information, but typically don?t last more than decades at best. Environmental disturbances like fluctuating electromagneti c fields or changing temperature and humidity can corrupt and destroy digitally stored data very quickly. Furthermore, the fast pace of technological progress quickly renders electronic media formats

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If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Materiality. If you would like to find related tags we recommend Tag Patterns > Materiality

Off-site Materiality Research Links

If you still need additional information on Materiality then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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