Accounting policies: Difference between revisions
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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 == | ||
Revision as of 12:25, 22 June 2016
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).
