𝗖𝗢𝗡𝗧𝗔𝗕𝗜𝗟𝗜𝗗𝗔𝗗 - Principios de la contabilidad

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Principles of [Music] Accounting: Since the beginning of accounting, different procedures or methods have been used to record transactions. These became rules and principles that govern accounting to this day. Through their application, accounting criteria are standardized. Special treatments are established for specific operations, guiding users of financial statements and systematizing accounting knowledge. Let's learn about each

of these principles: Equity: The recording of economic events and accounting information must be based on equality and fairness for all users of the information. This indicates that equity is the treatment given with equality and fairness to all sectors or users of the information, including clients, investors, and tax authorities, without unequal favoritism. Therefore, it follows that

financial statements must be prepared with equity and fairness for all users of the information. Going concern: This is based on the fact that every company operates continuously from the beginning; that is, the company will continue operating in the future. close with the exception of companies in [Music] liquidation [Music] the personality of a company is

independent of that of its owners therefore only the transactions of the entity should be included this means that the economic activity is carried out by independent entities with a legal personality different from the people who own or own the business therefore the assets of the company cannot be mixed with the assets of the people

Owners realization It establishes that every commercial activity or economic event must be recorded at the time it is carried out the above indicates that the commercial transactions and economic events that are recorded must have [Music] taken place accounting period indicates that the economic life of an entity is divided into periods and that