![]() |
![]() |
Definition: the Economic Entity Principle is the fundamental basis in accounting to always separate the owner from the business from the business itself. |
Learn more about the Economic Entity Principle More on accounting and auditing: Accounting Cycle, Accounts Payable, Accounts Receivable, Accrued Revenue, Amortization, more... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
|
© 2023 MBA Brief - Last updated: 24-9-2023 - Privacy | Terms