Meaning consistency principle
What does consistency principle mean? Here you find 3 meanings of the word consistency principle. You can also add a definition of consistency principle yourself
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consistency principleDefinition An accounting principle that states that a business should stick with the same accounting system once one has been chosen, and that any change of accounting systems must be thoroughly docum [..]
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consistency principlethe theory that medically sound and well-developed persons work to be steady in terms of their viewpoints, state of mind, and behavior.
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consistency principleThe accounting requirement that a company use the same accounting methods period after period so that the financial statements of succeeding periods will be comparable.
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| << consideration clause | consistent reporting >> |
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