Materiality vs materiality level

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1 Points Posted on 09 January 2022
is these two terms same? if not whats the relation between these two?( direct or inverse relation?)
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On 09 January 2022 at 11:10 Report
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This discussion clarifies the difference between 'materiality' and 'materiality level'. It explains that 'materiality' is the fundamental concept, which is relative in nature. The term 'materiality level' is not a standard or recognised concept in this context.

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Profession
28269 Points Posted on 09 January 2022
There is no materiality level.
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On 09 January 2022 at 16:41
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officer ( F&A )
9 Points Posted on 05 May 2022

The basic concept is materiality. It is a relative concept.

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On 05 May 2022 at 12:47

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