Interested to Buy Any Domain ? << Click Here >> for more details...
What are accounting Principles?
- 152 Answers
- 328973 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 / vikas
Accounting principles or Generally Accepted Accounting
Principles are a set of rules that are to be followed while
preparing the final accounts. The principles are:
Separate entity concept
Going concern concept
money measurement concept
cost concept
accounting period concept
realization concept
dual-aspect concept
accrual concept
matching concept
objective evidence concept
consistency
full disclosure
conservatism
materiality
| Is This Answer Correct ? | 16 Yes | 17 No |
Post New Answer View All Answers
How can Indian Economy be developed?
What are the features of debentures?
What do you know about the manufacturing sector?
Can Share Holders Transfer Their Shares of Joint Stock Company?
How many private general insurance companies are there?
Why convertible securities are more attractive to investors?
What is the function of NITI Aayog?
Is there any relations in between Sensex and foreign currency values? like if the sensex increased then the value of Rs goes up over USD (United state doller)?
Explain how to set up an employee in Tally ERP 9 for their payroll?
what is irr?
What are the latest gold schemes launched by government and their various benefits?
Can you tell about PPF Account?
Why do you want LIC?
Explain in Tally ERP 9, how you can view profit and loss statement?
Why Is Depreciation On The Income Statement Different From The Depreciation On The Balance Sheet?
