Materiality - AcSB

Date recorded:

The AcSB decided to respond to the IASB’s forthcoming exposure draft on the application of materiality to financial statements to support the development of this non-authoritative practice statement. The exposure draft is part of the IASB’s disclosure initiative and will propose guidance to assist preparers, auditors and regulators in using judgment when applying the concept of materiality. The IASB expects to issue the exposure draft in the third quarter of 2015.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.