Consistency Accounting Conventions

Accounting Conventions - Consistency
Concepts and principles once selected and adopted should be consistently applied from one period to another period.Importance :
  • For making historical comparisons
  • For projecting a positive image of the financial position of the business concern

Comments

Popular posts from this blog

International Institute of Information Technology

Kushabhau Thakre Patrakarita Avam Jansanchar Vishwavidyalaya

Sant Gahira Guru Vishwavidyalaya