Pervasive accounting concepts

System
System Posts: 100,534 🤖 Admin 🤖
I have been set a question to state which of the main concepts under FRS18 are considered to be "pervasive". I have been told by a fellow student that the answer is accruals and going concern but I cannot find any reference to this in my text books (BPP). Can anyone help in explaining this to me?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Pervasive accounting concepts

    Hi. Did a search on google.com. Your friend is correct in his answer. I'm sure if you looked into it you'd find an explanation somewhere.<BR><BR>
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