AS - Level Accounting Flashcards on Unit 2 - accounting concepts, created by naomi123_ on 14/04/2016.
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Created by naomi123_
over 8 years ago
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Close
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Created by naomi123_
over 8 years ago
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what is the going concern concept?
what is the accrules concept?
what is the prudence concept?
example of a prudence concept
what is the consistency concept?
example of the consistency concept
what is the realisation concept?
what is the (business) entity concept?
what is the materiality concept?
what it the dual aspect concept?
what is the objectivity concept?
what is the cost concepts?
where do revenue items go?
where does capital items go?
what does NVR mean?
what is cost?
