True and fair view: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 14/8/13) |
||
| Line 1: | Line 1: | ||
''Accounting.'' | ''Accounting.'' | ||
By law financial statements must give a 'true and fair view'. This phrase is undefined but depends upon both the application of generally accepted accounting principles and the exercise of judgement. | |||
By law financial statements must give a 'true and fair view'. | |||
This phrase is undefined but depends upon both the application of generally accepted accounting principles and the exercise of judgement. | |||
== See also == | == See also == | ||
* [[Accounting policies]] | * [[Accounting policies]] | ||
* [[Generally accepted accounting principles]] | * [[Generally accepted accounting principles]] | ||
Revision as of 11:48, 14 August 2013
Accounting.
By law financial statements must give a 'true and fair view'.
This phrase is undefined but depends upon both the application of generally accepted accounting principles and the exercise of judgement.
