A state of consistency that exists between a specific firm and other firms in the same industry or sector. This...
A state of consistency that exists across financial statements of an entity across different accounting periods. This relates to application...
A state of consistency that should exist across financial statements of an entity in a given period and at a...
An accounting concept that calls for establishing a level of conformity in all accounting treatment, methods, policies and procedures across...
Expenses that are incidental, i.e., minor. In connection with a service or an item, this refers to gratuities and other...
Expenses that are incidental, i.e., minor. In connection with a service or an item, this refers to gratuities and other...
Expenses that are incidental, i.e., minor. In connection with a service or an item, this refers to gratuities and other...
An accounting concept / accounting principle that requires adequate or complete disclosure of all significant (material) matters / issues/ events...
An accounting concept / accounting principle that requires adequate or complete disclosure of all significant (material) matters / issues/ events...
An asset that is subject to depreciation since its acquirement and over the course of its useful life. In this...