Consistency: Difference between revisions
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imported>Doug Williamson (Add link to Double entry page and add note about consistency supporting comparability.) |
imported>Doug Williamson m (Add header.) |
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''Accounting concepts.'' | |||
One of a small number of fundamental accounting concepts. | One of a small number of fundamental accounting concepts. | ||
Revision as of 11:42, 10 September 2020
Accounting concepts.
One of a small number of fundamental accounting concepts.
Consistency requires that like items be treated consistently within each accounting period and between accounting periods.
This helps to ensure that financial information is comparable over time.
