Prudence concept I Explained
333 بار بازدید -
3 سال پیش
-
Welcome to another episode of
Welcome to another episode of The Accountants. Today's video explains the
Under the prudence concept, do not overestimate the amount of revenues recognized or underestimate the amount of expenses. Also, one should be conservative in recording the amount of assets, and not underestimate liabilities.
In next episode we will briefly explain the Matching concept and compare it with Prudence concept, so tune into the channel. Allah Hafiz
Prudence concept I Explained
Under the prudence concept, do not overestimate the amount of revenues recognized or underestimate the amount of expenses. Also, one should be conservative in recording the amount of assets, and not underestimate liabilities.
In next episode we will briefly explain the Matching concept and compare it with Prudence concept, so tune into the channel. Allah Hafiz
Prudence concept I Explained
3 سال پیش
در تاریخ 1400/01/25 منتشر شده
است.
333
بـار بازدید شده