materialities Synonyms
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materialities Meaning
materialities
the quality or state of being material, something that is material
materialities Sentence Examples
- The materialities of the case were deemed significant enough to warrant an investigation.
- Auditors must assess the materialities of financial statement items to determine their audit scope.
- The materialities of the client's business were carefully considered by the auditor.
- The company's materialities changed substantially after the merger, necessitating a revised audit strategy.
- The financial materialities of the entity were impacted by the recent economic downturn.
- Auditors must consider both quantitative and qualitative materialities when evaluating a client's financial statements.
- The auditor's judgment on materialities is crucial to the effectiveness of the audit.
- The materialities established by the audit committee were too high, leading to an overly conservative audit.
- The company's financial materialities are closely monitored by both internal and external stakeholders.
- Auditors must understand the industry-specific materialities when auditing companies in different sectors.
FAQs About the word materialities
the quality or state of being material, something that is material
cases, facts, realities, elements, occurrences,actualities, things, phenomena, events, phenomenons
phantasies, potentialities,fictions, illusions, possibilities, fantasies,probabilities,eventualities
The materialities of the case were deemed significant enough to warrant an investigation.
Auditors must assess the materialities of financial statement items to determine their audit scope.
The materialities of the client's business were carefully considered by the auditor.
The company's materialities changed substantially after the merger, necessitating a revised audit strategy.