This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Disclosure Initiative - Definition of Materiality – IASB

Date recorded:

At its meeting on July 18, 2018, the Board decided not to re-expose the proposed amendments to the definition of material and accompanying explanatory paragraphs. The Board is satisfied that the due process requirements have been met and that it has undertaken sufficient consultation and analysis to begin the balloting process for the proposed amendments. The Board agreed with the proposed timetable and gave permission for the staff to prepare the proposed amendments for balloting. No Board members plan to dissent from issuing the amendments.

Review the IASB Update and podcast on the Board's Web site.

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.