Qualitative Characteristics
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MS: Ciri Kualitatif · EN: Qualitative Characteristics · ZH: 质量特征
Meaning
Qualitative characteristics are the qualities that accounting information must have so that it is useful to users. The main characteristics include relevance, faithful representation (reliability), comparability and understandability. They ensure financial statements can be trusted and are easy to understand.
Example
When Ilmu Bookshop prepares statements that are complete, accurate and in the same format every year, its information meets the characteristics of comparability and understandability.
Source: DSKP KSSM Prinsip Perakaunan Tingkatan 4