Disaggregation: Difference between revisions
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'' Financial reporting - accounting concepts.'' | |||
1. | |||
The accounting principle that relevant assets and liabilities should normally be reported separately at their gross amounts, rather than being netted off. | The accounting principle that relevant assets and liabilities should normally be reported separately at their gross amounts, rather than being netted off. | ||
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2. | 2. | ||
The closely related | The closely related - but broader - accounting principle that important relevant amounts should be disclosed separately, rather than only being reported as a total (aggregated) figure. | ||
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* [[Consistency]] | * [[Consistency]] | ||
* [[Going concern]] | * [[Going concern]] | ||
* [[Gross]] | |||
* [[Liabilities]] | * [[Liabilities]] | ||
* [[Net]] | |||
* [[Prudence]] | * [[Prudence]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 12:33, 5 December 2020
Financial reporting - accounting concepts.
1.
The accounting principle that relevant assets and liabilities should normally be reported separately at their gross amounts, rather than being netted off.
2.
The closely related - but broader - accounting principle that important relevant amounts should be disclosed separately, rather than only being reported as a total (aggregated) figure.
