An accounting concept that implies that revenue is considered to be earned (realized) once goods or services are sold/ delivered...
A set of accounting concepts, principles, assumptions and conventions which provides the conceptual basis or framework for financial accounting book-keeping...
An accounting concept that considers a firm (a business or an entity) to be financially separate from its owners. This...
An accounting concept that considers a firm (a business or an entity) to be financially separate from its owners. This...
An accounting concept that considers an entity to continue in business indefinitely or for the foreseeable future (a minimum period...
An accounting assumption that holds that an entity would continue in business indefinitely or for the foreseeable future (a minimum...
An accounting assumption that holds that an entity would continue in business indefinitely or for the foreseeable future (a minimum...
An accounting allowance that reduces the gross cost of an asset to arrive at the net cost (the net balance...
An event (e.g., a transaction, business or financial) that takes place after the end or close of the accounting/ reporting...
Notes which provide clarification and additional information about specific items in the statement of income (P&L), statement of cash flows,...