Relevance is one of the two fundamental qualities of accounting. It is composed of predictive value, confirmatory value, and materiality.
To be relevant accounting information has to make a difference to decision makers. It has to help predict the future, confirm expectations, or be important (material) enough to influence decision makers.
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!