E3.2 Identify accounting concepts, principles, criteria and constraints. LO2

These are the concepts, principles, criteria and constraints discussed in this and previous chapters:

1. Accounting entity concept.

2. Accounting period concept.

3. Cost principle.

4. Expense recognition criteria.

5. Full disclosure principle.

6. Going concern principle.

7. Materiality.

8. Monetary principle.

9. Revenue recognition criteria.