IFRS Standards require companies to make materiality judgements in decisions about recognition, measurement, presentation and disclosure.

When assessing whether information is material, an entity considers its own specific circumstances and the information needs of the primary users of its ... History of IFRS Practice... · General characteristics of...

2 мая 2024 г. · Materiality is a fundamental concept in financial reporting under IFRS Standards. If an item is immaterial, IFRSs do not apply to it.

The definition of material helps a company1 determine whether information about an item, transaction or other event should be provided to users of its financial ...

Preparers are encouraged to use materiality as a filter. Refined definition and existing guidance aim to help preparers apply judgement.

31 окт. 2018 г. · New definition: Information is material if omitting, misstating or obscuring it could reasonably be expected to influence the decisions that ...

27 февр. 2024 г. · Materiality judgement demands that companies assess whether information could reasonably influence investor decisions. In 2017 and 2018, the ...

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Опубликовано: 17 июл. 2024 г.

This paper has been prepared following a number of IASB discussions about materiality as well as consultations with the IFRS Advisory Council; the Accounting.

The new definition states that “information is material if omitting, misstating or obscuring it could reasonably be expected to influence decisions that the ...