Boomi Nathan

J. BoomiNathan is a writer at SenseCentral who specializes in making tech easy to understand. He covers mobile apps, software, troubleshooting, and step-by-step tutorials designed for real people—not just experts. His articles blend clear explanations with practical tips so readers can solve problems faster and make smarter digital choices. He enjoys breaking down complicated tools into simple, usable steps.

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Convention of Disclosure

The Companies Act, 1956, prescribed a format in which financial statements must…

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Convention of Consistency

To compare the results of different years, it is necessary that accounting…

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Objective Evidence Concept

According to the Objective Evidence concept, every financial entry should be supported…

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Accrual Concept

As stated above in the matching concept, the revenue generated in the…

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Matching Concept

Matching concept is based on the accounting period concept. The expenditures of…

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Accounting Period Concept

The life of a business unit is indefinite as per the going…

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Dual Aspect Concept

There must be a double entry to complete any financial transaction, means…

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Cost Concept

It is a very important concept based on the Going Concern Concept.…

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Going Concern Concept

Our accounting is based on the assumption that a business unit is…

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Money Measurement Concept

According to this concept, “we can book only those transactions in our…

Boomi Nathan