XI Accountancy Flashcards on Accounting Definitions, created by Jigyasa Classes on 12/05/2020.
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Created by Tess Morris
almost 11 years ago
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Copied by Jigyasa Classes
over 4 years ago
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Close
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Created by Tess Morris
almost 11 years ago
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|
|
|
Copied by Jigyasa Classes
over 4 years ago
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What is Accounting?
What is Data?
What is Information?
Quantitative Date
Qualitative Information
Financial Information
Non-Financial Information
Relevance?
Reliability
Materiality
Comparability
Understandability
Timeliness
Cost Vs Benefits
Internal Users
External Users
Clarify
Analyse
Choose
Execute
Regulatory Frameworks
Accounting Entity
Legal Entity
Reporting Entity
Accounting Process
Monetary Unit Concept
Dual Aspect
Accounting Entity
Legal Entity
Going Concern
Accounting Period
Historical Cost
Realisation
Accrual Accounting
Consistency
Prudence
Reliability
Materiality
