Comparison

Comparative Figures
Comparative figures are provided in financial statements for previous years of an organization, allowing for comparison and sometimes requiring adjustment if accounting policies have changed.
Scale Relationship
The concept of scale relationship involves comparing objects, values, or phenomena using pre-defined scales, as well as determining proportions between model dimensions and real dimensions.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.