An accounting principle that states that a business should stick with the same accounting system once one has been chosen, and that any change of accounting systems must be thoroughly documented. Auditors are charged with maintaining consistency, to ensure that a company's financial records remain accurate and coherent.
Related information about consistency principle:
- What is consistency principle? - BusinessDictionary.com
Definition of consistency principle: Accounting: The idea in accounting that once an accounting method is adopted, it should be followed consistently from one ...
- Consistency principle
We have a desperate need for our thoughts and actions to be consistent. If they are not, we will change one or the other. This is a significant lever for persuasion.
- Novikov self-consistency principle - Wikipedia, the free encyclopedia
The Novikov self-consistency principle, also known as the Novikov self- consistency conjecture, is a principle developed by Russian physicist Igor Dmitriyevich ...
- Consistency Principle - AccountingTools
The consistency principle states that, once you adopt an accounting principle or method, you should continue to follow it consistently in future accounting periods ...
- What is the consistency principle? | AccountingCoach.com Q&A
The consistency principle requires accountants to be consistent from one accounting period to another in applying accounting principles, methods, practices, ...
- Consistency principle | Define Consistency principle at Dictionary.com
Consistency principle definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Look it up now!
- What is consistency principle? - InvestorWords.com
Definition of consistency principle: An accounting principle that states that a business should stick with the same accounting system once one has been chosen, ...
- consistency principle - Medical Dictionary - The Free Dictionary
con·sis·ten·cy principle (k n-s s t n-s ). n. In psychology, the desire to be consistent , especially in attitudes and beliefs. Want to thank TFD for its existence?