principle of prudence

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The principle of prudence is a key accounting principle. Potential gains in the accounts should not be shown unless they are realised through asset disposals, sales of finished goods, etc, and potential losses should be registered through provisions for the loss in value of inventories, equity and property investments, etc
The prudence principle is a key accounting principle. Potential gains in the accounts should not be shown unless they are realised through asset disposals, sales of finished goods, etc, and potential losses should be registered through provisions for the loss in value of inventories, equity and property investments, etc
principle of prudence

    Hyphenation

    Prin·ci·ple of Pru·dence

    Turkish pronunciation

    prînsıpıl ıv prudıns

    Pronunciation

    /ˈprənsəpəl əv ˈpro͞odəns/ /ˈprɪnsəpəl əv ˈpruːdəns/
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