Accounting Principles

#16 Basic Accounting Principles are the discussion topic of this app.

The principles are

# Accrual Concept

# Going Concern Concept

# Business Entity Concept

# Monetary Unit Assumption

# Time Period Principle

# Revenue Recognition Principle

# Full Disclosure Principle

# Historical Cost Concept

# Matching Principle

# Relevance and Reliability

# Materiality Concept

# Substance Over Form

# Prudence Concept

# Understandability Concept

# Comparability Principle

# Consistency Concept