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Consistency principle - Financial definition

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Translations:      FR  principe de cohérence (n.m.) , principe de permanence des méthodes (n.m.)     ES  principio de coherencia (n.m.) , principio de permanencia de métodos (n.m.)     DE  Grundsatz der Bilanzkontinuität (n.m.) 

  Concise definition of the term consistency principle

The consistency principle is a GAAP constraint which stipulates that the company needs to use the same accounting principles and methods from period to period.

 Additional information related to this definition

Definitions of related terms

Conservatism principle  •  Cost constraint  •  Materiality principle  •  Objectivity principle

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