Accountancy Principles Necessary for the Evaluation of Financial Situations

Authors

  • Anisoara Capota Transilvania University of Brasov, Romania

Keywords:

accrual basis, going concern concept, timeliness, benefit vs. cost, balancing qualitative characteristics, faithful representation

Abstract

Qualitative characteristics are the attributes that make the information provided in financial statements useful to users: relevance, reliability, faithful representation, substance over form, neutrality, prudence, completeness, comparability, and understandability.

Author Biography

Anisoara Capota, Transilvania University of Brasov, Romania

Dept. of Finance, Accounting, and Economic Theory

Published

2007-01-15

Issue

Vol. 12(47) (2005)

Section

ECONOMIC SCIENCES

License

Copyright (c) 2005 Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.