Materiality related

This query is : Resolved 

01 April 2015 Dear Experts

my doubt related Materiality , what is the meaning of materiality and give me example on this statement " Materiality in one circumstance may not be materiality in other circumstance "

please give exect meaning and example of materiality.....

01 April 2015 Some thing which is material for one company need not that it should b material for other company also...

01 April 2015 http://www.myaccountingcourse.com/accounting-principles/materiality-concept

visit the link for complete analysis on this word.. and with proper eg


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