Accounting policies: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add links.) |
||
Line 8: | Line 8: | ||
== See also == | == See also == | ||
* [[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]] |
Revision as of 11:51, 29 October 2020
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).