Top and best websites to learn Japanese online for free

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    Hi all the Japanese lover out there, welcome to this article. Watching manga-anime or taking an interest in the culture, whatever the reason behind the quest of your Japanese learning is; I am sure its exciting!   Here is a brief discussion on a short list of top and best handpicked websites to […]

Top and best websites to learn English online

1 Top and best websites to learn English online

  Hi there, i will discuss about some of the best websites which have good contents to learn English online. I hope you will enjoy the selection and will be benefited too. Don’t forget to share the love if you like it and let me know your thoughts in the comment section!   1. youtube.com […]

Accounting Concepts Definitions Part : 15 ( The realization concept)

The realization concept definition in accounting

Accounting Concepts Definitions Part : 15 The realization concept Accounting principles demand realization of the expense or, revenue which is related to the current year. It demands the same for the expenses or, revenues which are related to a specific category (i.e.- capital expenditure or, revenue expenditure). The realization concept states: “A revenue or, expenditure […]

Accounting Concepts Definitions Part : 11 ( understandability in accounting )

Accounting Concepts Definitions Part : 11 Understandability in accounting The accounting method of recording and disclosing is better seasoned when they are understood and complete. Here, understanding doesn’t mean the understanding by the higher ups inside the entity but by those who are outside. Because, insiders can get the data modified to their liking by […]

Accounting Concepts Definitions Part : 10 (The comparability concept)

Accounting Concepts Definitions Part : 10 The comparability concept Accounting information is not all about just design, timeliness and organization. Rather this information needs a comprehensive quality which makes such data unique and that is comparability. If data can’t be compared then that can’t pass as good accounting data. Why? Because, accounting data is supposed […]

Accounting Concepts Definitions Part : 9 (completeness concept )

Accounting Concepts Definitions Part : 9 Completeness concept As accounting is not only a process but also the responsible option to supply information, it is important for accounting to use its wing perfectly and for that completeness is the utmost necessity. It is not a common thing which the word may suggest. Rather this concept accompanies […]

Accounting Concepts Definitions Part : 8 ( Prudence Concept )

Accounting Concepts Definitions Part : 8 Prudence Concept Accounting student and haven’t heard about prudence concept would be the most surprising thing to say. Why? The simple reason is simply because this is involved in every accounting decision, big or small. Now, before going to how this is accompanied we should take a look what […]

Accounting Concepts Definitions Part : 7 (Substance over form)

Accounting Concepts Definitions Part : 7 Substance over form As you have already learned about other forms and norms of recording an entity’s accounting information this is a necessary addition to that palette. Every reason is existent here for this to be added in your knowledge base. Now, what should you expect from this one? […]

Accounting Concepts Definitions Part : 6 ( Faithful representation concept )

Accounting Concepts Definitions Part : 6 Faithful Representation Financial reporting needs the accounts to show a picture that is presented in a form which is fitting to the guidelines and well documented. Being stated, this notion creates a wide range of confusion; because, the reporting should be identified in a way that will be believed […]