Public Sector: How to include the Reportable Amount Threshold in Materiality

Public Sector: How to include the Reportable Amount Threshold in Materiality

This FAQ is only applicable to the Public Sector template. 

The 'Reportable Amount Threshold' can be enabled via the settings of the 2-405 Materiality document.



Note: If you DO NOT see the above setting in your Materiality document, then you are using a older version of the document and will need to bring in an updated copy via Copy Components.
If you have chosen to determine the 'Reportable Amount Threshold', an additional table will be available to you in Section 3. Determine Overall Materiality, Performance Materiality and Clearly Trivial.



When ready, select to Record Planning Materiality Assessment. The 'Reportable Amount Threshold' will then populate in the 4-315 Summary of identified misstatements.



Note: The 'Reportable Amount Threshold' will not populate in the leadsheet tables. It will only display in 4-315.


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