answersLogoWhite

0


Best Answer

what are the implications of accounting principles

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the basic accounting concepts and explain their implications?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the basic accounting concept and their implication?

basic concepts of accounting


What are fundamental concepts of accounting?

basic principle of accounting


What are basic accounting concepts?

The main objective of Accounting concepts is to maintain uniformity and consistency in accounting records. These concepts constitute the very basis of accounting. All the concepts have been developed over the years from experience and thus they are universally accepted rules.


What is the foundemental concepts of accountincy?

The basic concepts of accounting include: Cost, Money Measurement, Entity, Assets Liabilities, etc.


Explain the basic features of accounting principles also describe its concept?

feature of accounting princeple


Can a high school science graduate make a college do over and go into accounting?

Yes,you can switch on to accounting even you have science background. You will need to understand the basic concepts of accounting because the whole accounting is based on it`s concepts and principles,they should be learnt properly for performing accounting.


Who was the economist responsible for developing the basic concepts of the national income accounting system you?

Alfred marshall


What has the author Henry R Anderson written?

Henry R. Anderson has written: 'Basic cost accounting concepts' -- subject(s): Cost accounting 'Managerial accounting'


What Basic 8 concepts of financial accounting?

There are eight accounting concepts: Business entity concept, cost concept, going concern concept, matching concept, objectivity concept, unit of measure concept, adequate disclosure concept, and accounting period concept


Why accountant need a psychologist?

If you have earned a psychology degree but joined a firm as an accountant, you must understand basic accounting concepts before performing.


What are three basic activities of accounting?

What are the Basic Activities of accounting?


What are the 13 basic features of financial accounting?

13 basic features of financial accounting?