Examlex
Avoid generalizations and be specific.
Long Period
A term referring to an extended duration of time, often relating to financial or strategic planning horizons.
Comparability
An accounting principle that allows stakeholders to compare financial information across different time periods effectively.
Generally Accepted Accounting Principles
A collection of commonly-followed accounting rules and standards for financial reporting that is adopted by most countries.
ASPE
Accounting Standards for Private Enterprises, which are the accounting standards used by private companies in Canada.
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