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Basic accounting concepts in the case of the Volkswagen AG
Title: Basic accounting concepts in the case of the Volkswagen AG
Category: Business & Economy / Accounting
Details: Words: 2774 | Pages: 11.8 (approximately 235 words/page)
Basic accounting concepts in the case of the Volkswagen AG
Table of contents
1. Introduction 3
2. About the company 3
3. The balance sheet of the company 4
4. The entity concept 5
5. The money measurement concept 5
6. The going-concern concept 6
7. The cost concept 7
8. The realization concept 8
9. The accruals concept 9
10. The matching concept 9
11. The periodicity concept 10
12. The concept of consistency 10
13. The concept of prudence 11
14. Conclusion 12
15. Bibliography 13
1. Introduction
The purpose of this essay is to show how the basic accounting principles are used in the real life. I choose a vehicle producer company, the …showed first 75 words of 2774 total…
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…showed last 75 words of 2774 total…has a very good web site, and a lot of information can be obtained from it. The simplified balance sheet of the company can also be examined. The company also provides notes to each point and detailed tables. If somebody wants to invest in that company, it can be well informed about the company. Of course, there are certain cases, which are unrecognisable in the balance sheet, but it is like that at every company.
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