Accounting principles | business valuation | topics | career center | dictionary | accounting Q & A | quizzes | about us


Popular Accounting Topics

Accounting for Merchandising Activities
Debits and Credits (Double Entry Accounting)
Time Value of Money & Present/Future Values
Complex Debt & Equity Instruments
Common Stock & Shareholder's Equity
Accounting & Finance Ratios
Valuing Common Stock
Corporate Income Taxes
Lower of Cost or Market (LCM) & Inventory Valuation
Chart of Accounts & Bookkeeping
Bonds Payable & Long Term Liabilities
Capital Assets

What category of browser are you on this website?






Objectivity Principle

Objectivity Principle also refers to reliability of financial data. Financial data must have the following characteristics to be objective:

• accounting information must be capable of third party verification
• free from bias
• supported by evidence (source documents)

>> More Accounting Terms & Glossary?

© Accounting Scholar | Privacy Policy & Disclaimer | Contact Us