Fundamental Accounting Concepts

Fundamental Accounting Concepts (XASB Financial Reporting Scheme)

Associations are statements that describe permissible interrelationships between the terms. Fundamental accounting relations are permissible associations betweeen high-level financial reporting terms.

Retrieve information by fundamental accounting concept. (List of all Fundamental Accounting Concepts) | (Machine Readable)

Fundamental Accounting Concept NameRequired
AssetsYES
Balance Sheet DateYES
Cost of RevenueNO
Current AssetsYES
Current LiabilitiesYES
Document TypeYES
Entity IdentifierYES
Entity NameYES
EquityYES
Extraordinary Items Of Income (Expense), Net Of TaxNO
Fiscal Period FocusYES
Fiscal Year FocusYES
Gross ProfitNO
Income (Loss) From Continuing Operations After TaxYES
Income (Loss) From Continuing Operations Before TaxYES
Income (Loss) From Discontinued Operations, NetYES
Income Statement Start Period (Year to Date)NO
LiabilitiesNO
Liabilities And EquityYES
Net Cash FlowYES
Net Cash Flow From Financing ActivitiesYES
Net Cash Flow From Investing ActivitiesYES
Net Cash Flow From Operating ActivitiesYES
Net Income (Loss)YES
Noncurrent AssetsNO
Noncurrent LiabilitiesNO
Operating Income (Loss)YES
Reporting StyleYES
RevenuesYES

Statement of Financial Position= Statement of Operations= Statement of Cash Flow= General= Key Ratios=

Last updated: 12/18/2019 11:33:46 AM