Q:
What are accouting concepts?
A:
Many of its accounting procedures are operated automatically by people who have never questioned whether alternative methods exist which are just as valid. The procedures in common use imply the acceptance of certain concepts which are by no means self-evident nor the only possible concept. Such accounting concepts have builded up the Accounting framework. One thing is sure to say, accounting framework does not mean to provide a certain true and fair view. it is upon the Financial statement is prepared properly according to the HKAS, FRS or IAS. (Accounting Standards, Reporting Standards) Other countires may vary.
Financial
- Fantast
- Financial City
- Nowadays, being financially oriented is the trend to earn much money. As you can see, I am interested in providing some questions and anwsers about financal and property. If someone are also interested in or having any criticism about my articles, please give me a comment frankly!!
2007/1/12
Financial Concept
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