Glossary entry

Swedish term or phrase:

väsentlighetströskeln

English translation:

significance threshold

Added to glossary by Charlesp
Aug 3, 2008 19:15
15 yrs ago
Swedish term

väsentlighetströskeln

Swedish to English Bus/Financial Accounting
an accounting term.
context: "Den säkerhet som eftersträvas inom ramen för väsentlighetströskeln är 90 %."

Perhaps: "the materiality threshold of weaknesses"
Proposed translations (English)
4 significance threshold
4 +3 materiality threshold

Proposed translations

4 hrs
Selected

significance threshold

To assess the nature and importance of irregularities or inaccuracies detected by the auditor. See explanation p.42 - 43:
http://www.opf.slu.cz/pb2000/cz/2005/proceedings/2005_p14.pd...
Example sentence:

Assessment of the Significance Threshold in Auditing Financial Statements

Deficiencies that exceed a certain significance threshold are also summarized in the public portion of the Board's inspection report.

Something went wrong...
4 KudoZ points awarded for this answer.
+3
25 mins

materiality threshold

Without weaknesses though.
Peer comment(s):

agree Paul Lambert : Agree completely. Yet another reference can be found at: www.aicpa.org/pubs/jofa/sep2000/grant.htm
11 hrs
agree Adrian MM. (X) : materiality is indeed the term for a range of accounting benchmarks: iate.europa.eu/iatediff/SearchByQuery.do
21 hrs
agree niclashjerth
1 day 5 hrs
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search