accounting - comparability

Question

comparability definition ?
and
user of financial statements 會比較d咩架

urgent....... please help me.....

我仲想問呢,comparability有無limitations架.....

Answer 1

comparability definition
Users must be able to compare an entity's financial statements over time and with the other entity's financial statements. Therefore, the accounting treatments and presentation of similar transaction must be carried out in a consistent way over time for the entity and in a consistent way for different entities. Therefore, compliance woth accounting stardards, including the disclosure of accounting ploicies, is particularly important, in order to achieve comparability.

user of financial statements 會比較d咩架
會比較返其他公司的業務
用返自己的方法，好像depreciation

要根據返accounting stardard

2007-02-25 17:23:16 補充：
,comparability有無limitations架你指限制?你是話d數?都是對返d數fixed asset 對返去年/其他公司fixed asset