Materiality has become a much more complex issue with new definitions and categories emerging; for example, double materiality and nested materiality, to name a few. There is currently some debate within the European Union (EU) and the International Financial Reporting Standards (IFRS) Foundation around whether the single materiality concept, which considers the impact on an organisation, or the double materiality concept, which also considers the impact of an organisation, should be applied to sustainability reporting.

Research proposals are invited to consider relevant issues and understand more about the process and determination of materiality from a preparer’s perspective, as well as the information perception from users and other stakeholders.

Funding up to £15,000 is available per research project, and applications are welcomed from researchers and institutions anywhere in the world.

Full details regarding this funding opportunity, including examples of research questions which are of interest to ICAS and the application process, are available here at icas.com.  The deadline for research applications is 5pm on 17 January 2022.