Accounting Concepts

Business, Legal & Accounting Glossary

Definition: Accounting Concepts


Accounting Concepts


Full Definition of Accounting Concepts


Concepts published in the Statement of Financial Accounting Concepts, which are used as the basis for development and modification of accepted accounting standards by the Financial Accounting Standards Board. As these standards affect valuation and reporting regulations, changes to them can affect valuations of companies and industries.


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December 07, 2021 https://payrollheaven.com/define/accounting-concepts/.
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https://payrollheaven.com/define/accounting-concepts/ (accessed: December 07, 2021).
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Accounting Concepts. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/accounting-concepts/

Definition Sources


Definitions for Accounting Concepts are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.