what do you mean by concept of accountancy and principals of accountancy

48 Views|Posted 2010-11-26 16:54:43
Asked by Dheerendra.Hg
2 Answers
Dr.G.D Singh
2010-11-29 17:13:34
To support the application of the "true and fair view", accounting has adopted certain concepts and conventions which help to ensure that accounting information is presented accurately and consistently. Accounting principles are some rules or norms of accounting, on which whole accounting is based,

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Govind Sharma
2010-11-26 17:05:36
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