Accounting Period Cycle Type Definition Here Page 152.

12
Generally Accepted Accounting Principles (GAAP)

Transcript of Accounting Period Cycle Type Definition Here Page 152.

Page 1: Accounting Period Cycle Type Definition Here Page 152.

Generally Accepted Accounting Principles (GAAP)

Page 2: Accounting Period Cycle Type Definition Here Page 152.

Accounting Period Cycle

Type Definition Here Page 152

Page 3: Accounting Period Cycle Type Definition Here Page 152.

Adequate Disclosure

Type Definition Here Page 180

Page 4: Accounting Period Cycle Type Definition Here Page 152.

Business Entity

Type Definition Here Page 234

Page 5: Accounting Period Cycle Type Definition Here Page 152.

Consistent Reporting

Type Definition Here Page 152

Page 6: Accounting Period Cycle Type Definition Here Page 152.

Going Concern

Type Definition Here Page 180

Page 7: Accounting Period Cycle Type Definition Here Page 152.

Historical Cost

Type Definition Here Page 236

Page 8: Accounting Period Cycle Type Definition Here Page 152.

Matching Expenses with Revenue

Type Definition Here

Page 157 (1st paragraph)

Page 9: Accounting Period Cycle Type Definition Here Page 152.

Materiality

Business activities creating dollar amounts large enough to affect business decisions should be recorded and reported as separate items

Page 10: Accounting Period Cycle Type Definition Here Page 152.

Objective Evidence

Type Definition Here Page 57

Page 11: Accounting Period Cycle Type Definition Here Page 152.

Realization of Revenue

Type Definition Here Page 14

Page 12: Accounting Period Cycle Type Definition Here Page 152.

Unit of Measurement

Type Definition Here Page 10