FUNDAMENTAL ACCOUNTING ASSUMPTIONS Archives

Fundamental Accounting Assumptions #FundamentalAccountingAssumptions

April 3, 2019April 4, 2019 CA Harshita Raichandani 0 Comments ACCOUNTS, ca, COMMERCE, Commerce Gurukul, CS, FUNDAMENTAL ACCOUNTING ASSUMPTIONS, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI, MBA

Basic accounting assumptions which underlie the preparation and presentation of financial statements. They are going concern, consistency and accrual. Usually,

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Accounts

FUNDAMENTAL ACCOUNTING ASSUMPTIONS

March 25, 2019March 26, 2019 CA Harshita Raichandani 0 Comments ACCOUNTS, COMMERCE, Commerce Gurukul, FUNDAMENTAL ACCOUNTING ASSUMPTIONS, GURUKUL KENDRA, HARSHITA, HARSHITA RAICHANDANI

There are three fundamental accounting assumptions : (i) Going Concern (ii) Consistency (iii) Accrual All the above three fundamental accounting

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