Understanding what truly matters helps uncover risk before they crystallise and allocate resources accordingly.

But current approaches to materiality don’t provide the value they should or the insight that companies need. Though well-intentioned, they suffer from near-fatal flaws, and they don’t fully answer ...

Proponents of today’s double materiality matrices sometime refer to GRI’s 2016 standards – which did suggest the use of a matrix: A closer comparison will reveal that the axes on today’s double ...

Materiality, in all its various forms, beats at the heart of the evolving ESG world. While traditionally regulatory developments, reporting requirements and common practice have provided at least ...

Delete the existing discussion of materiality in Chapter 3 of FASB Concepts Statement No. 8 and replace it with a broad observance of the Supreme Court’s definition of materiality. State that ...

Double materiality is an extension of the key accounting concept of materiality of financial information. Information on a company is material and should therefore be disclosed if “a reasonable person ...

Materiality is a term used in accounting and the law, in relation to information disclosed in financial statements that affects decisions made by the people who read them.Deciding whether ...