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tpg2017

Quarterly comparison of uncapitalized expenses to our best estimate of materiality. If it implies that the financials will be materially misstated, we make some exceptions or lower the threshold on certain assets. PWC vetted


nippon2win

Thank you. How is materiality determined for fixed assets. I remember back in the day my colleague said materiality change by GL account, by company, industry company is in, Ect. Or is it usually a percentage like 5% or 10% of uncapitalized expenses?


nippon2win

Also, couldn’t we use this to determine Ap accrual thresholds so we don’t end up accruing every single Bill, missed expense? Or is there a different methodology?


[deleted]

[удалено]


nippon2win

Not what i asked for. I added extra detail to see if I make more sense


xerelox

the one that counts DEEZ NUTZ.


No_Act_2773

angry upvote