Answer Posted / tarun aggarwal
GAAP MEANS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.IT
INCLUDES ALL THE POLICIES,CONVENTIONS,CUSTOMS,PRINCIPLES
FOLLOWED WHILE PREPARING ACCOUNTING BOOKS.THESE ARE
1 BUSINESS ENTITY CONCEPT
2 GOING CONCERN CONCEPT
3 MONEY MEASUREMENT CONCEPT
4 HISTORIC COST CONCEPT
5 DUAL ASPECT
6 MATCHING CONCEPT
7 SUBSTANCE OVER FORM
8 CONSISTENCY
9 CONSERVATISM
AND MANY MANY MORE
| Is This Answer Correct ? | 17 Yes | 0 No |
Post New Answer View All Answers
What are the financial statements?
What is the Major Difference Between the Memorandum of Association and the Articles of Association?
Hi to all Q: how you will evaluate yourself in excel if any the range one is worst and five is excellent. Mail if you know the answer to imaanbalu@gmail.com
Why are the recent changes in the banking industry?
Do you use cab services? What can you comment on Uber and Ola taking the share of local autowalas?
Tell about the fixed deposits?
What is Call money market?
Tell something about debt market?
Which is on top among them?
What is proprietary ratio?
What do you mean by FDI?
Suggest me where i can do certification course on capital management/wealth management through distance in and around Bangalore.
What Is Ppf?
What leads assets to turn into a private equity?
How to check Credit Worthiness?
