What is the current numerical materiality standard in accounting?

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What is the current numerical materiality standard in accounting?
Materiality in accounting may be defined as importance of financial information on the users. 
Financial information is said to be material if it can alter the decision of investors. While preparing the 
final accounts of an entity it is very important to comment upon the materiality aspect. It is important 
that whether materiality concept is followed or not.

What is the current numerical materiality standard in accounting?

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