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Banking

Full Disclosure Principle

An accounting concept / accounting principle that requires adequate or complete disclosure of all significant (material) matters / issues/ events...

Full Disclosure Concept

An accounting concept / accounting principle that requires adequate or complete disclosure of all significant (material) matters / issues/ events...

Revenue Recognition Concept

An accounting concept that implies that revenue is considered to be earned (realized) once goods or services are sold/ delivered...

Realization Concept

An accounting concept that implies that revenue is considered to be earned (realized) once goods or services are sold/ delivered...

Generally Accepted Accounting Concepts

A set of accounting concepts, principles, assumptions and conventions which provides the conceptual basis or framework for financial accounting book-keeping...

Separate Entity Concept

An accounting concept that considers a firm (a business or an entity) to be financially separate from its owners. This...

Entity Concept

An accounting concept that considers a firm (a business or an entity) to be financially separate from its owners. This...

Going Concern Concept

An accounting concept that considers an entity to continue in business indefinitely or for the foreseeable future (a minimum period...