Materiality is a mindset that guides companies on what truly matters for resilience, credibility and long-term value ...

In the accounting profession, the concept of materiality in financial reporting comes from two distinct areas: Generally accepted accounting principles (GAAP), and generally accepted auditing ...

The Auditing Standards Board issued eight standards with new guidance for auditors assessing risks and controls in financial statement audits. Auditors must consider risk and also determine a ...

Materiality is a term used in accounting and the law, in relation to information disclosed in financial statements that affects decisions made by the people who read them. Deciding whether something ...

The International Accounting Standards Board (IASB) on Wednesday published its draft guidance on materiality to help company management determine whether information should be disclosed. The guidance ...

Materiality in the context of the federal securities laws has been a topic of repeated focus by the Securities and Exchange Commission (SEC) and the courts over the years (see here). That attention, ...

This is the first in a four-part series by Ralph Thurm and Nick De Ruiter examining Sustainability Context. Spring 2014 seems to be the moment in time where Materiality suddenly appeared on the screen ...

One of the biggest challenges companies may experience in pursuing their environmental, social and governance (ESG) goals is knowing how best to allocate their resources. A successful ESG plan will ...

At oral argument on Monday in Amgen v. Connecticut Retirement Plans and Trust Funds, the Court addressed (1) whether plaintiffs must establish materiality to invoke the “fraud-on-the-market” theory ...

“PROMPT ACTION” must be taken by KPMG to review and revise its audit guidance on materiality, after the FRC raised concerns about the firm’s lack of progress in addressing previous failings. In its ...

Double materiality is quickly changing how businesses think about sustainability. While traditional materiality focuses on how environmental, social and governance (ESG) issues affect a company’s ...