FOREIGN SERVICE INSTITUTE

MATERIALITY MATRIX

Particulars Accounts Affected

Effect on the financial statements

1 Due from Officers and Employees

Non-recognition of Dues from Officers
and Employees for the irregular payment
of Medical health insurance
Accumulated Surplus/Deficit

2 Overstated Accounts Payable Accounts Payable

Due to Officers and Employees
Accumulated Surplus/Deficit

Quantifiable Effect on the Financial

Statements
Total Expenses
Percent to Total Expenses
Materiality Level
 Annex D

Amount (P) Under/

(Over)

283,452.99
283,452.99

-1,659,832.09
1,396,090.59
263,741.50

3,886,570.16
65,267,599.06
5.95%
2%