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  1. Dictionary
    materiality
    /məˌtɪərɪˈalɪti/

    noun

    • 1. the quality or character of being material or composed of matter: "the exhibition explores the materiality of the body"

    More definitions, origin and scrabble points

  2. Jan 5, 2016 · Materiality is an accounting principle which states that all items that are reasonably likely to impact investors’ decision-making must be recorded or reported in detail in a business’s financial statements using GAAP standards.

  3. noun. ma· te· ri· al· i· ty mə-ˌtir-ē-ˈa-lə-tē. plural materialities. Synonyms of materiality. 1. : the quality or state of being material. 2. : something that is material. Synonyms. actuality. case. fact. reality. See all Synonyms & Antonyms in Thesaurus. Examples of materiality in a Sentence.

  4. MATERIALITY definition: a measure of how important a piece of information is when making a decision: . Learn more.

  5. The materiality threshold in audits refers to the benchmark used to obtain reasonable assurance that an audit does not detect any material misstatement that can significantly impact the usability of financial statements.

  6. Jan 14, 2020 · Define materiality. What is materiality, and how does this term apply to auditing and attestation in the accounting industry? The materiality definition in accounting refers to the relative size of an amount. Professional accountants determine materiality by deciding whether a value is material or immaterial in financial reports.

  7. MATERIALITY meaning: a measure of how important a piece of information is when making a decision: . Learn more.

  8. Materiality definition: material nature or quality.. See examples of MATERIALITY used in a sentence.

  9. noun. 1. The fact of being related to the matter at hand: applicability, application, appositeness, bearing, concernment, germaneness, pertinence, pertinency, relevance, relevancy. 2. That which occupies space and can be perceived by the senses: matter, substance. The American Heritage® Roget's Thesaurus.

  10. Apr 24, 2019 · Materiality is the concept that defines why and how certain matters or issues are of importance for a specific company or within a business sector.

  11. Materiality is the quality of a physical substance that you can actually feel. Seeing a fluffy beanbag chair online is one thing, but in-person, you can appreciate its materiality. Materiality is a complicated word with several definitions.