What are accounting Principles?
- 152 Answers
- 297167 Views
- Accounting, Banking, Eskom, EXL, Finance, Fluor Daniel, Genpact, HSBC, IBM, Infosys, JPMorgan Chase, State Bank Of India SBI, Syntel, Vibha Seeds, Wipro, Wrox, I also Faced
- E-Mail Answers
Answer Posted / komal
accounting principals are uniform set of rules or
guidelines developed to enshure uniformity and easy
understanding of of the accounting information.
types of accounting principals
1.accounting of concept
2.accounting of convention.
*accounting of concept;
1business entity concept
2money measurement concept
3going concern concept
4accounting period concept
5cost concept
6dual aspect concept
7revenur recognisation concept
8matching concept
9accrual concept
10objective concept
accounting of convention;
1convention of full disclosure
2convention of meterariality
3convention of conservatism
4convention of consistency
| Is This Answer Correct ? | 30 Yes | 2 No |
Post New Answer View All Answers
Tell something about the demonetization bill introduced in the Lok Sabha?
What are the skills required to be a bill collector?
Do you know the difference between extrovert and introvert?
Name the organization that regulates RRBs in India?
What are main valuation methodologies?
Do you know about RBI key monetary policy rates and their current values?
In order to attract deposits, banks offer various types of products with distinguishing features. As a student of banking law do you observe any challenge/threat from money laundering for banks in this struggle? Discuss.
What are Preference Shares?
Define Trigger?
1) what do you mean by " expressly admissible expenses" ? 2) how do you gross up the value in the following cases-- (a) net interest received on bank deposites. (b) net amount received on winning from lottery.
Tell about NABARD and its working?
What is the difference between nationalized banks and private banks?
What is cash value?
What is inventory/stock turnover ratio?
what is cbt in bank explain it???
