Immaterial

Risk management - financial reporting.

Immaterial risks are ones that do not require active risk management, because of their small size, low likelihood or both.

In financial reporting, immaterial items do not need to be accounted for or disclosed separately.

Items may be material by size, or material by their nature.

Immaterial items are sometimes known as non-material items.

See also

• Financial reporting
• Materiality
• Risk management