Substance over form: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 20/8/13) |
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''Accounting.'' | ''Accounting.'' | ||
The accounting principle that financial transactions and financial relationships are dealt with and presented in accordance with their commercial substance. | |||
The accounting principle that financial transactions and financial relationships are dealt with and presented in accordance with their commercial substance. | |||
Even if this differs from the legal form of the transaction.) | |||
== See also == | == See also == | ||
* [[FRS 5]] | * [[FRS 5]] | ||
Revision as of 08:25, 20 August 2013
Accounting.
The accounting principle that financial transactions and financial relationships are dealt with and presented in accordance with their commercial substance.
Even if this differs from the legal form of the transaction.)
