conservatism

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Conservatism

The philosophy that what has been done should continue to be done as long as there is not a positive reason to change it. Conservatives may favor class distinctions as natural, or at least not harmful. In modern times, conservatism has become associated with the political right, or the belief that capitalism and the free market tend to best determine how an economy ought to be organized.

conservatism

or

prudence

see ACCOUNTING CONCEPTS.
References in periodicals archive ?
The symposium encompassed various biodiversity conservation topics, including taxonomy, flora and fauna (plant and animal life), threats and issues, and conservation management.
The BCC, organized in partnership with the African Leadership University (ALU), will bring together global conservation leaders, providing a unique platform linking conservation with sustainable tourism by embracing all layers of the value chain.
In making these appointments I have considered the major tasks facing each conservation board over the next three years, and the skills and knowledge that will be required to deal with those effectively.
The other parcel of nearly five acres on West Oak Knoll Road in Barrington Hills was donated to Citizens for Conservation by the Joan Y.
The Chester Zoo team is working in Nepal alongside the Department of National Parks and Wildlife Conservation, National Trust for Nature Conservation and local communities to tackle human-wildlife conflict.
Sharique Siddiqui, Chief Executive Officer, Pakistan International Bulk Terminal Limited and one of the founding members of Karachi Conservation mentioned that Million Mangrove Plantation Drive
By incorporating CSI into the EverGreene organisation, the firm will expand its range of services in all areas of architectural conservation.
Sudan died on March 19, dimming hopes of saving the northern white rhino species as calls for wildlife conservation intensified across the world.
Prior to any conservation activity, conservation notes should be circulated, focusing on methods, cautions and problem solving techniques.
"Back from the Brink: 25 Conservation Success Stories," the latest volume in the Cemex Nature Series, celebrates the 25th anniversary of this initiative by highlighting the resolve of people and institutions to save the ever-rising numbers of threatened species.
RiverBank Conservation, LLC said it has secured formal approval of the first and only permanent mitigation property in West Texas under the requirements of the USFWS Lesser Prairie Chicken (LPC) Conservation Guidance, in conjunction with Tomahawk Conservation Bank, a partnership with two private ranching families in Yoakum County, Texas that totals 2,740 acres.

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