PRUDENCE IS DECISSION MAKING.
STARIAGHT LINE VERSUS WDV DEPRECIATION
INVENTORY VALUATIONS
COST CONCEPTS
TAX SAVINGS FROM MANAGEMENT DECISSIONS ETC.
IT RELATES TO VALUATIONS MOSTLY USED IN DECISSION MAKING, PREPARING FINANCIAL STATEMENTS.(MAKE SURE ALL RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE CRITERIA IS MET)
CAclubindia
