The Impact of Materiality: Accounting's Best Kept Secret

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Brennan, Niamh; Gray, S. J.;
  • Publisher: Asian Academy of Management (AAM) and Penerbit Universiti Sains Malaysia
  • Journal: Asian Academy of Management Journal of Accounting and Finance, volume 1, issue 1, pages 1-30
  • Subject: Materiality (Accounting)--Research | Materiality judgments | Materiality definitions | Materiality thresholds | Materiality rules of thumb | materiality definitions, materiality thresholds, materiality rules of thumb, materiality judgments

This paper comprises a review of the literature on materiality in accounting. The paper starts by examining the context in which materiality is relevant, and the problems arising from applying the concept in practice. Definitions of materiality from legal, accounting an... View more
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