Regarding the above-mentioned issues and the facts that, in fact, a few of above-mentioned quantitative factors have been used to determine the materiality level in all previously-used and present-day methods and qualitative factors
have been dependent on auditors' specialized judgments, while judgments related to qualitative factors
can be varied from an auditor to another because of their various knowledge and qualifications, it seems necessary to acquire a model which can include acceptable coverage of qualitative and quantitative factors affecting the determination of the materiality level.
The qualitative factors
that an entity may have selected at the time of the acquisition, which are centered primarily on the membership-based intangible asset, may suggest negative business momentum or that recorded goodwill is in peril.
Taking as a basis Jones' (1991) ethical judgment model, we might suggest to study the influence of the qualitative factors
on the ethical judgments of materiality.
Materiality analyses should weigh quantitative and qualitative factors
in light of the relevant facts and circumstances from the perspective of the intended user.
Is it reasonable to pay a $50 million premium for an insurance policy with a $50 million payoff, while at the same increasing program execution risk (high) because of the qualitative factors
of parts obsolescence and skilled worker retention?
Most of these qualitative factors
are benefits of insurance, but they accrue to the firm as a whole, and not to the person or department making the decision on whether insurance is desirable, so their impact on the decision is consequently diminished.
One of the most commonly heard complaints from physician employees today is that productivity demands placed upon them are excessive, and that productivity-based reward systems fail to consider important qualitative factors
in their calculations.
When these qualitative factors
are included in measures of GDP or inflation, then the picture changes radically According to Block's revised calculations, real wages have increased rather than declined for most workers.
The throttle has a very direct effect, also on qualitative factors
of mixing, and is a very quick acting parameter for electronic process control.
The A-List in M2M awards are represented by a number of different categories and sub-categories and are based on such things as uniqueness, features, and impact on the industry - all qualitative factors
that can have a measurable impact on an organization's ability to differentiate.
Euromoney decides the winners by closely studying and evaluating a number of qualitative factors
including key industry performance indicators, financial ratios and innovation over a twelve-month period.
Pursuant to the amendments in ASU 2011-08, rather than performing step 1, an entity may first "assess qualitative factors
to determine whether the existence of events or circumstances leads to a determination that it is more likely than not (i.