accounting principle

US /əˈkaʊntɪŋ ˈprɪnsəpəl/
UK /əˈkaʊntɪŋ ˈprɪnsəpəl/
"accounting principle" picture
1.

principio contable

a rule or guideline that companies must follow when reporting financial data

:
Understanding the fundamental accounting principles is crucial for financial analysis.
Comprender los principios contables fundamentales es crucial para el análisis financiero.
The company adheres strictly to generally accepted accounting principles (GAAP).
La empresa se adhiere estrictamente a los principios contables generalmente aceptados (GAAP).