Examlex
Words that end in -ion, -tion, -ing, -ment are ________.
Comparability
An accounting principle that ensures financial statements can be consistently compared across different periods and entities.
Differential Reporting
A principle allowing entities not to adhere strictly to some accounting standards if their specific size or nature makes such standards not relevant.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for financial reporting.
ASPE
Accounting Standards for Private Enterprises; a set of accounting principles used in Canada for privately held companies.
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