Accounting Principles: Materiality
Loading
Previous Topic Previous slide Next slide Next Topic
New course

This Course has been revised!

For a more enjoyable learning experience, we recommend that you study the mobile-friendly republished version of this course.

Take me to revised course.

- or -

Continue studying this course

Accounting Principles: Materiality

  • Study Reminders

    Set your study reminders

    We'll email you at these times to remind you to study

    You can set up to 7 reminders per week

    You're all set

    We'll email you at these times to remind you to study

    Monday

    -

    7am

    +

    Tuesday

    -

    7am

    +

    Wednesday

    -

    7am

    +

    Thursday

    -

    7am

    +

    Friday

    -

    7am

    +

    Saturday

    -

    7am

    +

    Sunday

    -

    7am

    +
  • Study Notes
  • Discuss This Topic
    Naledi M.
    BW
    Naledi M.

    it is that which is of significance

    BabaJide Martins F.
    TR
    BabaJide Martins F.

    Materiality is concerned with which data should be disclosed in financial reports. All transactions regardless of size should be recorded.

    Morne V.
    ZA
    Morne V.

    Is concerned with which data should be disclosed in financial reports. All transactions regardless of size should be recorded

    Sunday O.
    NG
    Sunday O.

    Materiality knowing which terms to use Breach make it known

    Thomas Haingura M.
    NA
    Thomas Haingura M.

    Materiality Is concerned with which data should be disclosed in financial reports. All transactions regardless of size should be recorded. The owner does not bother to record minor withdrawals of stock from the business.

    Odongo M.
    UG
    Odongo M.

    Accounting -> Accounting Principles: Materiality Materiality Is concerned with which data should be disclosed in financial reports. All transactions regardless of size should be recorded. Breach: The owner does not bother to record minor withdrawals of stock from the business.

    Manish K.
    NP
    Manish K.

    All the transactions have to be recorded either they are large or small.

    Manish K.
    NP
    Manish K.

    Financial data should be disclosed in the financial statement which has to be submitted to all the stakeholders.

    Penelope M.
    US
    Penelope M.

    I think it's important to even record the smallest withdrawal, becuase of auditing purposes., every penny must be accounted for.

    Adil N.
    MA
    Adil N.

    Are minor transactions excluded in Accounting reports?

  • Text Version
Notification

You have received a new notification

Click here to view them all