An accounting principle that calls for the financial statements of an entity to reflect and represent the most conservative figures...

The methods that are applied by an entity to arrive at the estimated monetary amounts for items of the financial...

A set of methods, rules, principles, bases, conventions, and practices that is used and applied by an entity in the...

A method of accounting that records all assets at a set of value measures (asset valuation bases) such as current...

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...