principle of prudence

English - Turkish

Definition of principle of prudence in English Turkish dictionary

ihtiyatlılık ilkesi

English - English

Definition of principle of prudence in English English dictionary

The principle of prudence is a key accounting principle. Potential gains in the accounts should not be shown unless they are realised through asset disposals, sales of finished goods, etc, and potential losses should be registered through provisions for the loss in value of inventories, equity and property investments, etc

The prudence principle is a key accounting principle. Potential gains in the accounts should not be shown unless they are realised through asset disposals, sales of finished goods, etc, and potential losses should be registered through provisions for the loss in value of inventories, equity and property investments, etc

Hyphenation

Prin·ci·ple of Pru·dence

Turkish pronunciation

prînsıpıl ıv prudıns

Pronunciation

/ˈprənsəpəl əv ˈpro͞odəns/ /ˈprɪnsəpəl əv ˈpruːdəns/