MANAGEMENT: Accounting Principles checklist (printable)
Accounting is the backbone of measuring the financial health of any company. In order to make accounting usable, all companies follow a standard set of rules. By applying rules uniformly, companies are able to compare their financial statements to other companies and to their own past financial statements.
* Principle of regularity
* Principle of consistency
* Principle of sincerity
* Principle of the permanence of methods
* Principle of non-compensation
* Principle of prudence
* Principle of continuity
* Principle of periodicity
* Principle of Full Disclosure/Materiality
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