Materiality levels

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March 27, 2017 at 3:29 pm #379370
jerma
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Can you please advise on what the materiality levels or percentage is for revenue, assets and profit? Thank you.
March 27, 2017 at 10:56 pm #379395
MikeLittle
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These seem to be commonly applied

5% of pre-tax income;
0.5% of total assets;
1% of equity;
0.5% of total revenue.

OK?
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