Accounting concepts: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing.) |
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A small number of fundamental concepts which underlie the completion of periodic financial accounts of businesses under generally accepted accounting practice. | A small number of fundamental concepts which underlie the completion of periodic financial accounts of businesses under generally accepted accounting practice. | ||
The concepts include going concern, accruals, consistency, prudence and disaggregation. | The concepts include going concern, accruals, consistency, prudence and disaggregation. | ||
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* [[Prudence]] | * [[Prudence]] | ||
* [[UK GAAP]] | * [[UK GAAP]] | ||
Revision as of 14:25, 27 July 2013
A small number of fundamental concepts which underlie the completion of periodic financial accounts of businesses under generally accepted accounting practice.
The concepts include going concern, accruals, consistency, prudence and disaggregation.
