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The Consistency Concept A. Requires uniformity of accounting practices among all affiliated business units B. Requires that all companies follow the same treatment for similar
The Consistency Concept A. Requires uniformity of accounting practices among all affiliated business units B. Requires that all companies follow the same treatment for similar transactions c. Requires that the accounting period consistently reflects a 365-day year OD. Suggests that an entity should use the same method for recording similar events in the future
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Financial Accounting A Business Process Approach
Authors: Jane L. Reimers
1st Edition
0536633711, 978-0536633712
