True and fair view: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Category added 8/10/13) |
imported>Doug Williamson (Add links.) |
||
| Line 7: | Line 7: | ||
== See also == | == See also == | ||
* [[Accounting concepts]] | |||
* [[Accounting policies]] | * [[Accounting policies]] | ||
* [[Accruals concept]] | |||
* [[Consistency]] | |||
* [[Disaggregation]] | |||
* [[Generally accepted accounting principles]] | * [[Generally accepted accounting principles]] | ||
* [[Going concern]] | |||
* [[Prudence]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Revision as of 13:57, 16 September 2020
Accounting.
By law financial statements must give a 'true and fair view'.
This phrase is undefined but depends upon both the application of generally accepted accounting principles and the exercise of judgement.
