Clarified Auditing Standards require quantification of materiality levels, which are estimates to guide auditors' decision-making and design of auditing procedures. This estimate is only a guide and is not a specific determination of what is, and is not, material in an audit.
1 The current population of the United States of America is 324,385,585 as of Friday, August 12, 2016, based on the latest United Nations estimates.  the United States population is equivalent to 4.38% of the total world population.
The Census Bureau projects a U.S. population of 417 million in 2060, which is a 38% increase from 2007 (301.3 million). However, the United Nations projects a U.S. population of 402 million in 2050, an increase of 32% from 2007. In an official census report, it was reported that 54.4% (2,150,926 out of 3,953,593) of births in 2010 were non-Hispanic white.