Mindmap
Underlying Assumptions
Inhalt der Mindmap
Underlying Assumptions
Accounting Entity
- distinguishable from owner and other entities
- Every entity controls its assets and incurs its liabilities
- distinguishable from owner and other entities
Accrual Basis Assumption
Going Concern Assumption
- The existing Entity will continue to operate in the future
- liquidation values (Prices in a forced sale) are NOT reported
- The existing Entity will continue to operate in the future
Period Assumption
- Comparability
- Life of the entity is divided into equal time intervals.
- Comparability
Informationen
- Beschreibung
- Mindmap am Underlying Assumptions, erstellt von jnahal am 31/08/2014.
- Erstellt von
- jnahal · Aug 2014
- Aktualisiert
- 18 Okt 2016
- Aufrufe
- 18
- Bewertung