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Accounting Principle
Accounting principles are the primary assumptions, rules of operation, and necessary features that make up the framework for the construction of accounting financial statements.
In sequence to be useful, the accounting information must have certain features, such as being dependable and practical. For be dependable, the accounting information have to be accurate, unbiased, & verifiable. To be practical, accounting information have to be predictable, prepared in a timely fashion, & be able to give meaningful feedback. Additional characteristics are in which the accounting information must be consistent, comparable, serve a utilitarian required (such as cost/benefit), and make a material difference.
Expalin about the Non-Convertible Debentures (NCDs) NCDs are plain debenture securities issued by corporations. They are normally medium term in nature, maturing between 1 to 8
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What are the requirements of IFRS 8 IFRS 8 requires an organisation to adopt management approach to reporting on financial performance of its operating segments. General idea
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Inventory days (Average inventory/Cost of sales) x 365days Average inventory can be arrived by taking this year's and last year's inventory values and dividing by 2 - (Ope
What is the Investment evaluation Investment evaluation the primary purpose of measuring the cost of capital is its use as a financial standard evaluating investment projects
On Completion of her introductory finance course, Kieran was so pleased with the amount of useful and interesting knowledge she gained that she convinced her parents, who were weal
ABC Ltd. Produces electronic components with a selling price per of Rs.100. Fixed cost amount to Rs.2,00,000/- 5000 units are produced and sold each year. Annua
Collar A collar can be established by holding a share, along with purchasing a protective put and writing a covered call, where both options at out-of-money.. For Example
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