Application of prudence in fnancial reporting – a habit or necessity?
For many centuries financial reporting has been rightfully labeled as conservative. The principle of prudence whose application generates conservatism, which is characterized by time asymmetry in the recognition of gains and losses, is not only one of the oldest but also one of the most influential...
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| Format: | Article |
| Language: | English |
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University of Banja Luka, Faculty of Economics
2015-02-01
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| Series: | Acta Economica |
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| Online Access: | http://ae.ef.unibl.org/index.php/AE/article/view/59 |