Define materiality.  How does materiality come into play when assessing financial statement restatements?  Other than materiality, what is the one word that might be the most distinguishing factor between ethical earnings management and unethical earnings management?

Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter4: Ethical Responsibilities Of Accountants
Section4.8: Dell Inc.
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Define materiality.  How does materiality come into play when assessing financial statement restatements?  Other than materiality, what is the one word that might be the most distinguishing factor between ethical earnings management and unethical earnings management?

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