Introduction to Accounting policies
Accounting policies are the conventions, principles and rules employed to ready the financial statements. Where possible, they should be determined through reference to a suitable accounting standard. (The standard on inventories, for instance, will give policies to be adopted in this area.) In the nonexistence of a suitable standard, managers must make appropriate judgements to make sure that users receive relevant and reliable information.
The common rule is that, once a specific policy has been applied and selected, it should not be changed. Though, an accounting policy, might be changed where
1 it is needed by a new financial reporting standard; or
2 it will result in more appropriate and reliable information being given to users.
If a new accounting standard needs changes to be made, the name of the standard, and any transitional arrangements, have to be disclosed. If an alteration is voluntary, the reasons why it will result in more appropriate and reliable information should be disclosed. In both cases, the nature of the alteration in policy and the amount of the adjustment on appropriate items and on earnings per share for both the current and the prior period should be disclosed.
Latest technology based Financial Accounting Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Accounting policies homework help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Accounting policies, project ideas and tutorials. We provide email based Accounting policies homework help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Accounting policies. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Financial Accounting homework help and assignment help services. They use their experience, as they have solved thousands of the financial accounting assignments, which may help you to solve your complex issues of Accounting policies. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
theory and lecture notes on power in ac circuits all along with the key concepts of power dissipation in an ac circuit, instantaneous power, average power, complex power. tutorsglobe offers homework help, assignment help and tutor’s assistance on power in ac circuits ii.
Theory and lecture notes of Sources of Divergence all along with the key concepts of sources of divergence, Policies and Long-Run Growth, Savings and Investment, Policies for Technological Advance, Neoliberalism. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Sources of Divergence.
Theory and lecture notes of Phillips Curve Examined all along with the key concepts of the phillips curve examined, Shifts in the Phillips Curve. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Phillips Curve Examined.
Avail finest Cognitive Science Assignment Help service today and get authentic and plagiarism free solutions with amazing discounts.
theory and lecture notes of theory of ttl logic family all along with the key concepts of totem pole in ttl, ttl transistor switching trouble, solution of ttl switching trouble and assignment help. tutorsglobe offers homework help, assignment help and tutor’s assistance on theory of ttl logic family.
Reflection at Curved Surfaces tutorial all along with the key concepts of Images Formed by Curved Mirrors, Convex mirror, Magnification, Mirror Formula, Image Formed by a Concave Mirror when the Object is between the Principal Focus F and the Mirror
Relevance and Scope of Microbiology tutorial all along with the key concepts of Branches of Microbiology, Basic features of Microbiology, Applied Aspects of Microbiology and Future of Microbiology
tutorsglobe.com symbolization of nuclear reaction assignment help-homework help by online nuclear reaction tutors
tutorsglobe.com measurement of growth assignment help-homework help by online plant growth tutors
Structure and Function of Membranes tutorial all along with the key concepts of Structure of Membranes, Functions of Membranes, Movement of Water through Membranes, Water Potential, Osmosis and Turgor
tutorsglobe.com pisciculture assignment help-homework help by online applied biology tutors
Class A Amplifiers tutorial all along with the key concepts of merits of Class A amplifier, Class AB amplifier, conduction cycle of waveform, transconductance curve, frequency performance, crossover distortion, absence of crossover distortion
Law of Thermodynamics tutorial all along with the key concepts of Thermodynamic terminology, State Variables, Zeroth law of Thermodynamics, Extensive and Intensive Variables
tutorsglobe.com transmethylation assignment help-homework help by online metabolism of proteins tutors
Synthetic Polymerization tutorial all along with the key concepts of procedure of polymerization, Synthetic polymer materials, Addition polymers
1960546
Questions Asked
3689
Tutors
1457271
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!