Accounting Principles Overview

• Accounting principles

• Accounting theory

• Basic accounting principles

• The key accounting assumptions

Individual Accounting Principles

• Accounting conservatism

• Accrual principle

• Conservatism principle

• Consistency principle

• Cost principle

• Cost benefit principle

• Economic entity principle

• Expense recognition principle

• Full disclosure principle

• Going concern principle

• Matching principle

• Materiality principle

• Monetary unit principle

• Objectivity principle

• Realization principle

• Reliability principle

• Revenue recognition principle

• Separate entity principle

• Time period principle

Concepts

• Accounting convention

• Accounting methods

• Bragg's laws of accounting

• Business entity

• Capital maintenance

• Commercial substance

• Expense recognition

• Faithful representation

• Going concern qualification

• Materiality constraint

• Money measurement concept

• Objectives of financial reporting

• Periodicity assumption

• Prudence concept

• The characteristics of useful accounting information

• Timeliness of accounting information

• Uniformity concept

• Unit of measure concept

• What is materiality in accounting information?

• What is substance over form?

Related Definitions

• Accounting change

• Market price

• Relevance

• Understandability