Artículo 4.11. PS 1 Paragraph 4.11

Identifying material information needed to meet the objective of management commentary and the disclosure objectives for the areas of content requires management to apply judgement. In judging whether a piece of information is material, management considers the entity’s specific circumstances, as well as whether users need that information and why they need it. Link To help management understand users’ information needs for an area of content, Chapters 8⁠–⁠13 describe the assessments that users make using the information provided for each area of content. Management considers those descriptions of users’ assessments when identifying material information to meet the disclosure objectives for each area of content. Chapters 8⁠–⁠13 also include examples of information that might be material for each area of content. The information described in the examples is not always required, nor is information that might be needed to meet the disclosure objectives limited to those examples. Management applies judgement, taking into account the descriptions of users’ assessments, in deciding whether the information described in the examples is material in the entity’s circumstances. Similarly, management applies judgement to identify material information not covered by the examples.