Inconsequential

Home » CMA Glossary Term » Financial Statements and Reporting » Inconsequential

In accounting, the definition of inconsequential refers to items or transactions that are deemed too minor or insignificant to impact financial statements or decision-making processes. These items do not materially affect the overall financial position or performance of an entity. As such, they may be disregarded in financial reporting and analysis. Understanding what is inconsequential helps accountants focus on material information that truly influences financial outcomes.

CMA Prep Course

CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.