Belonging to the quality characteristics of accounting information is

The quality characteristics of accounting information include reliability, relevance, understandability, comparability, substance over form, importance, prudence and timeliness. The quality of accounting information is the quality standard of accounting information provided by enterprises, which reflects some properties or characteristics of accounting information useful for accounting information users to make decisions. It is the basis for achieving accounting objectives, the guide for confirmation, measurement, recording and reporting, and the basis and standard for evaluating the quality of accounting information. The characteristics of accounting information quality are as follows:

I. Reliability

Reliability means that accounting information must be objective and verifiable. An enterprise shall make accounting confirmation, measurement and report according to the actual transactions or events, and truthfully reflect all accounting elements and other aspects that meet the requirements of confirmation and measurement.

Close information to ensure that accounting information is true, reliable and complete.

Second, relevance.

Relevance means that accounting information is related to the problem that information users want to solve, that is, it is related to the decision made by users and has the ability to influence the decision. The core of relevance is useful for decision-making. Whether a piece of information is relevant depends on whether it has predictive value and feedback value.

Third, understandability

Understandability means that accounting information must be understood by users, that is, accounting information must be clear and understandable.

Fourth, comparability.

Comparability means that the accounting information of an enterprise is as consistent and comparable as possible with that of other enterprises. Comparability includes vertical comparability and horizontal comparability.

Fifth, substance is more important than form.

Essence is more important than form. "Enterprises should make accounting confirmation, measurement and reporting according to the economic essence of transactions or events, and should not only take its legal form as the basis for accounting confirmation and measurement".

Intransitive verbs are important.

Importance requires enterprises to distinguish the importance of transactions or events in the process of accounting confirmation and measurement and adopt different accounting methods.

Seven. warn

Prudence requires enterprises not to overestimate assets or income, underestimate liabilities or expenses, and not to make secret provision when accounting recognition and measurement are carried out.

Eight. in time

An enterprise shall promptly confirm, measure and report the transactions or events that have occurred, and shall not advance or postpone them.