42. The qualitative characteristics of the financial statements’ information

Author: Ionel Bostan, Veronica Grosu

DOI: n/a

Resume

The qualitatie characteristics are the attributes which determine the utility of the information oI’fered by the financial statement. The four most important qualitative characteristics are: inteliigibility, relevance. credibility and comparability.
The qualitative characteristics are those attributes of the financial and economical informati an, which give the latter its utility.