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Financial accounting: Qualitative characteristics of financial statements
To ensure that financial statements are meaningful and useful to users, there are four primary attributes that they must possess. The four attributes are: understandability, relevance, reliability and comparability.
0 commentsThe prudence concept in financial accounting
Prudence is one of the fundamental principles of accounting. It suggests that assets or revenue should not be overstated. On the flip side, liabilities and expenses should not be understated either.
0 commentsMoral Reasoning and the Virtue of Prudence
Furthering my integration of Theology and Psychology, this hub explains Kholberg's stages of Moral development, as well as Virtue, and asks the philosophical question about how the two interact. If you like hard questions, speculation, or need to know about virtue or Kohlberg, this hub is for you.
6 commentsHow to unmask a conman
How to unmask a con man. Even a child is known by his actions, by whether his conduct is pure and right. Proverbs 20:11, New International Version Brand this in your...
0 commentsFreeform Knitting and Crochet
Are you one of those people that never wanted to color inside the lines? Are you happier inventing your own way of doing things than you are in following a pattern? Do you love wild shapes and textures? Then Freeform Knitting and...
14 commentsHow to Make Wishes with Your Magical Genie
"Hi! I'm a magical genie and I've been sued a dozen times for deceptive wish-granting." In the interest of writing an astoundingly impractical, nearly useless how-to, I have decided to share my thoughts on how one is to make wishes. We've all, I...
31 commentsIs Advertising Ethical?
In every segment of business, there’s “the good, the bad and the ugly.” I’m a Business Major and in my opinion, the ugliest part of business is accounting, but many people find that advertising is an...
2 commentsWANT TO HAVE 2 CRORES IN 10 YEARS
Blogger Prathibha Mahesh asked :Please review my portfolio and advice on my next financial move.Age 30Looking for a retirement kitty of 2 Crores by 40.Current Investments:SIP 25 K per month ( Current Value...
0 commentsADVISE FOR RETIREMENT AND SON'S EDUCATION
Neha Agarwal wrote : Dear Sir, I Just came across your blog and read few suggestions and i really want to say thank you for all your valuable advise to the investors. I am 32 years old and I have invested in...
0 commentsThe Politics of Tax and Spend 2
Most politicians are more comfortable with spending money than with raising it. Raising taxes hurts somebody. Spending money is supposedly all good. If the government decides to build subsidised housing in...
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