Salah satu prinsip untuk maintaining accounts dimana perusahaan melaporkan transaksi bisnisnya selama periode akuntansi tertentu, disebut:
Cost concept
Full-disclosure concept
Measuring-unit concept
Time period concept
Pembahasan
Chapter 4 Page 94[1]:
Principles for maintaining accounts :
Cost concept : a company uses the historical cost paid for an asset in its financial statements
Mesuring unit concepts : a company records its business transaction in monetary terms
Full disclosure concept : a company report all necessary information so that interested users are not misled
Time period concepts : a company reports its business transactions during a specified accounting period
Realization principles : a company recognizes revenue when it is earned, regardless of when the company receives cash for its business transaction
Matching principle : a company recognizes expenses when the company earns the revenue related to those expenses, regardless of when the company receives cash for its business transaction
[1] Mulligan, E. and Stone, G. (1997). Accounting and financial reporting in life and health insurance companies. Atlanta, Ga.: Life Management Institute, LOMA.
