比如预计明年的损失不能计入今年的账里.Materiality An important convention.As we can see from the application of accounting standards and accounting policies,the preparation of accounts involves a high degree of judgement.Where decisions are required about the appropriateness of a particular accounting ...
An important convention.As we can see from the application of accounting standards and accounting policies,the preparation of accounts involves a high degree of judgement.Where decisions are required about the appropriateness of a particular accounting judgement,the "materiality" convention suggests that ...
英文: In 2006, Ministry of Finance issued enterprise accounting basic standards which is not only a financial accounting concept but also a accounting regulation.中文: 摘要2006年财政部发布的企业会计基本准则既是一份财务会计概念,又是一部会计规章。
“accounting concept ”表示“会计概念”的意思。会计概念包括资产、负债、所有者权益、收入、费用。具体解释如下：1、资产 资产是指由企业过去的交易或事项形成的、由企业拥有或者控制的、预期会给企业带来经济利益的资源。不能带来经济利益的资源不能作为资产，是企业的权利。资产按照流动性可以划分为流动...
aBased on accounting concept statement No.1 of the Financial Accounting Standards Board (FASB ),users of financial statements utilize earnings for different purposes.Through earnings,they can assess management performance,evaluate future profitability,forecast future profits,and determine the risk of investin...
The common categories in the new accounting standards refer to the subjects that have both the nature of the assets and the nature of liabilities. "Common class" has 5 subjects: clearing funds, exchanges, foreign exchange trading, derivatives, hedging instruments, hedged items. Their characteristic...
In the post-Enron environment there appears to be broad agreement that 'principles', or accounting standards that are 'principles-based', provide a solution to the problem of poor financial reporting, even though the idea of 'principles' and of being 'principles-based' has not been well unders...
These standards contain definitions of accounting concepts whose function is to guide judgments made in practice. However, such judgments can have a major impact on a firm's externally reported accounting numbers, as their inherent subjectivity and discretion may be lent to the manipulation of ...
What are the disadvantages of using the payback method as a capital budgeting technique? What are the advantages? Why is it used so frequently? What are the arguments for and against having accounting standards? What are the advantages and disadvantages of zero-based budgeting?
Explain the concepts of the GAAP to the IFRS and how they relate to the practice of accounting and its business? Explain the application of the basic principles of accounting. Discuss the realization concept, giving examples of how it has influenced...