Accounting Category: Accounting assumptions

Accounting Articles

Should the useful life of a newly acquired fixed asset be the same as its physical life? This and other questions related to fixed asset useful lives are answered in this article.

Discover the qualities of accounting information such as relevance, reliability, comparability and consistency.

Learn about two accounting conventions that allow deviation from basic accounting principles: materiality and conservatism.

Learn about the relationship between accounting period assumption and matching principle.

Accounting Categories
Accounting categories represent a collection of accounting guides and answers related to one accounting area.