Examples of materiality in a sentence
The Materiality Framework is developed in accordance with Treasury Regulation 28.3.1, which requires that, for the purposes of materiality (sections 50(1), 55(2) and 66(1) of the PFMA) and significance (section 54(2) of the PFMA), the Accounting Authority must develop and agree on a framework of acceptable levels of materiality and significance with the relevant Executive Authority.
Materiality, consumption and imagination The earliest trajectory of Scotch whisky within the context of mediascapes began with the commercial Greek cinema during the 1950s.
The Materiality Framework, as set out below, represents management’s assessment of the potential impact of transactions and other events at Mintek on the presentation of financial information used for decision making by management, and other users of the financial statements.
Materiality is not merely related to the size of the entity and elements of the financial statements.
The purpose of the Materiality Framework is to record the level of and reasoning for the suggested levels of materiality for consideration by the Board and approval by the Executive Authority, as required.