Discount applied successfully

Buy custom Basic accounting concepts

Essay's paper info
Topic: Business
Number of pages / Number of words: 4 / 895
Essay's paper body

Materiality depends on the size of the item or error judged in the particular circumstances of its omission or misstatement. Thus, materiality provides a threshold or cut-off point rather than being a primary qualitative characteristic which information must have if it is to be useful."

Historical Cost

In historical cost accounting, historical cost is the original monetary value of an economic item...


Essay fragment Read more

Need an Essay?

Choose one of the options below

Custom Written Essays

  • Order plagiarism free custom written essay
  • All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $11.99 /page
Order Custom Paper

Full Access to Essays Database

  • This option gives you the immediate access to all 184 988 essays
  • You get access to all the essays and can view as many of them as you like for as little as $28.95/month
Buy Database Access

If at our website you can not find any essay you need for your study, you can order a paper on any topic with us.
Our company employs only qualified writers that are Master's and PhD holders.

Order custom written essay

Benefits
  • Research papers are written by professional writers
  • Requirements are always met
  • Posibility to control the working process of your paper
  • A chance of becoming the best student in your class.

The historical cost will equal the carrying value if there has been no change recorded in the value of the asset since acquisition. Improvements may be added to the cost basis of an asset.Historical cost does not generally reflect current market valuation. Different accounting standards may require that the carrying value of an asset (or liability) be updated to the market price (mark-to-market valuation) or some other estimate of value that better approximates the real value...


Essay fragment

General points of the essay

An Interface Between Financial Accounting And Cost & Management Accounting And Some Concepts Of Strategic Cost Management Basic Accounting Basic accounting concepts Materiality Setting Omission as a lie Personality (Thought Item for OB) The ISAB argues that the accruals and going concern concepts are key underlying assumption in the preparation of financial statements. Discuss the problems for companies in applying these accounting concepts and explain why other concepts might al... Understanding Basic Accounting Basic Chemistry Concepts Financial Accounting Concepts How To Make Money Selling Item The Basic Concepts of Transcultural Nursing Some Basic Concepts of Demographic Analyis Basic Concepts of Windows Basic Database Design Concepts

Essays related to the topic
Title Pages / Words Select
Assessing Materiality and Risk essay 2 / 442
Basic accounting concepts essay 4 / 895
Materiality Setting essay 16 / 4232
northwest essay 2 / 537
The World of Risk essay 6 / 1502
Assessing Materiality and Risk Simulation essay 2 / 463
generality of thought essay 4 / 1058
Services