The need to provide full information and to apply the basic accounting postulate of disclosure.
Above all, improving the accreditation process requires the immediate and comprehensive provision of full information--a variant on a fundamental accounting postulate: disclosure.
* Group B: Accounting postulates
. This group focuses on the field of accounting.
(11) Jennings continued to support the research effort into accounting postulates
and principles well into the mid-1960s.
His historical references, including those related to accounting postulates
issued in the early 1960s, were especially worthy of consideration.
That influence commingled with Chambers' attention in the early 1960s to the work on accounting postulates, particularly Moonitz's ARS #1, (10) as well as his own concurrent consideration of price and price-level changes on accounting.
Irrespective of the number, calls persisted for more research and for more rigor in determining the profession's accepted accounting postulates and principles that would underpin practice.