Open AccessProblems and measures of prudence principle in Enterprise Accounting
Author(s) -
Linjie Wang
Publication year - 2021
Publication title -
financial forum
Language(s) - English
Resource type - Journals
ISSN - 2251-2659
DOI - 10.18282/ff.v10i2.1836
Subject(s) - prudence , connotation , accounting , business , production (economics) , accounting method , economics , risk analysis (engineering) , microeconomics , philosophy , linguistics , theology
In the market economy environment, the production and operation activities of enterprises are faced with many risks and uncertainties. Therefore, the financial personnel should always keep a cool head and fully consider the uncertain factors, so as to minimize the risks of the company and maximize the benefits. Therefore, starting from the connotation analysis of the principle of accounting prudence, this paper analyzes the conflict of the principle of prudence in enterprise accounting, and obtains the corresponding improvement measures, so that the principle of prudence can be reasonably applied in accounting practice.