What Do You Mean By Material Facts In Accounting


  • 24 Mar, 2013

    its means that any amount that consider to be material with effect to the balance sheet footing and to be disclosed at the ending noted of financial statements.

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  • 12 Feb, 2013

    those items or events which are sufficient enough to influence the descisions of reader or user of financial statements

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  • 13 Jun, 2012

    Material facts in accounting means those facts that involves material amount and which may affect the financial satements to a great extend and hence needed to be disclosed in the companies financial statement.

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  • 19 Apr, 2012

    In accounting, material facts means all important facts which are needed to be disclosed.

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  • 27 Mar, 2012

    Material facts are documents pertaining to the historical events of the facts being justified

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