Accounting principles

Accounting principles
In the "Indonesian Accounting Principles" drawn up by the Association of Indonesian Accountants accounting purposes mentioned include: (has been updated with the Financial Accounting Standards but the basic principle is the same).
Separate company with the owner and other companies, accounting meant to distinguish assets assets assets and private property owners.
Meet the needs, the resulting accounting information has a clear purpose. Not home made. This causes a company's accounting system is not the same as any other company accounting system, because every company has different needs according to the influence of environment.
Providing financial information quantitatively on a specific company to the user / management can take economic decisions
Provide financial information that can be trusted so that helps the user / management in assessing a company's ability to earn profits.
Provide information on changes in assets and liabilities and other information needed.
• Quality
• Relevant
• Clear and understandable
• Can be tested
• Can be compared
• Complete
• Neutral