various accounting concepts - Printable Version

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various accounting concepts - rahul - 12-05-2014

very very important. one question must appear in exam

concepts observed at recording stage
1 business entity concept
2 money measurement
3 object evidence
4 historical record
5 cost concept
6 dual aspect
7 revenue and accural concept

concept observed at reporting stage
1 going concern concept
2 accounting period
3 matching concept
4 conservatism & convension
5 consistency
6 full disclosure
7 materiality concept


RE: various accounting concepts - pankaj - 12-10-2014

yes 2 marks ka aaya tha nov me .me confuse ho gya tha konsa kisme aata hia ...


RE: various accounting concepts - sarang - 05-13-2015

arre answer to batao bhai