Accounting policies: Difference between revisions
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Accounting bases of valuation or measurement specific to a reporting entity. | Accounting bases of valuation or measurement specific to a reporting entity. | ||
The entity should consistently follow accounting policies from period to period. | The entity should consistently follow accounting policies from period to period. | ||
Accounting policies must be determined in accordance with the relevant GAAP (Generally Accepted Accounting Principles). | Accounting policies must be determined in accordance with the relevant GAAP (Generally Accepted Accounting Principles). | ||
== See also == | == See also == | ||
* [[Accounting]] | |||
* [[Generally accepted accounting principles]] | * [[Generally accepted accounting principles]] | ||
* [[Measurement]] | |||
* [[Prior year adjustments]] | * [[Prior year adjustments]] | ||
* [[True and fair view]] | * [[True and fair view]] | ||
* [[Valuation]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] |
Latest revision as of 23:46, 6 July 2022
Accounting bases of valuation or measurement specific to a reporting entity.
The entity should consistently follow accounting policies from period to period.
Accounting policies must be determined in accordance with the relevant GAAP (Generally Accepted Accounting Principles).