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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Conceptual framework
Hi
Could you please define and possible state one example to refer to regarding The prudent characteristic/principle please?
Could you please define with a possible example of substance over form?
Thanks
Prudence – only disclosing probable gains but we recognise probable loss. Disclosing possible loss but ignoring possible gain
Substance over form? Leases
