The Second Jungle Book By Rudyard Kipling PDF
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The Second Jungle Book By Rudyard Kipling PDF
The Second Jungle Book pdf Accruals concept. Revenue is recognized when received and expenses are recognized when the assets are consumed. This concept means that an entity can recognize revenue, profit and loss in amounts that differ from what would be recognized based on cash received from customers or when cash is paid to suppliers and employees. Auditors will only certify the company’s financial statements (detailed information on the Impressum website) prepared in accordance with the accrual framework. Consistency concept. Once an entity decides to use a particular accounting method, it must continue to use it in the future. Thus, financial statements prepared over several periods can be reliably compared. The Second Jungle Book pdf