Auditing Terminology

noun the quality or state of being immaterial; lack of material substance or importance

• The concept of immateriality in accounting refers to items that are not considered significant enough to impact financial statements.
• In the grand scheme of things, the immateriality of that detail doesn't really matter.
• Who cares about the immateriality of that issue? It's not a big deal.
• Her mind was in a state of immateriality, floating away from the stresses of reality.

adjective relating to or characteristic of an auditor or audit

• The auditorial presentation highlighted key financial data for the shareholders.
• I find auditorial reports to be quite boring.
• I can't stand those auditorial meetings, they always put me to sleep.
• The auditorial silence in the room spoke volumes about the tension between the two parties.

verb to consider or regard in a specified way

preposition used to say that something or someone has been considered or included in a calculation, decision, or plan

• In the financial report, all expenses were meticulously accounted for.
• I made sure to account for all the missing items before leaving the party.
• She totally accounted for her ex-boyfriend by showing up with a hotter date.
• The new evidence accounted for his sudden change in behavior.