Library / Management Accounting Principles Framework
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Source changed 2026-10-03 02:22:15 UTC · snapshot created 2026-10-03 03:38:22 UTC · last check 2026-10-03 04:00:05 UTC

MA.4:4.1 - Recover what each account measures

Identify the entities, work, period, currency and intended use of each account. Recover the recognition and valuation rules relevant to the disputed amount. State whether the account concerns revenue, expense, inventory, resource consumption, payments or another quantity.

Use OPS.15 for an unresolved event or observation definition. Use the responsible reporting practice when the applicable policy is missing or disputed.