The Procedure for Recognizing Liabilities in Accounting
No Thumbnail Available
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Research Parks Publishing LLC
Abstract
Description
This article discusses the economic nature of liabilities and the procedure for recognizing them. The study clarified key issues related to the recognition of obligations and suggested ways to address them.
Keywords
accounting, liabilities, balance, cost, recognition, international financial reporting standards