objectivity

objectivity
An accounting concept attempting to ensure that any subjective actions taken by the preparer of accounts are minimized. The aim of the rules and regulations required to achieve objectivity is that users should be able to compare financial statements for different companies over a period with some confidence that the statements have been prepared on the same basis. One of the major advantages claimed for historical-cost accounting is that it is objective, but necessarily some subjective decisions will have been made.

Accounting dictionary. 2014.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Objectivity/DB — is a commercial object oriented database management system produced by Objectivity, Inc. It allows applications to make standard C, C++, Java, Python or Smalltalk objects persistent without having to convert the data objects into the rows and… …   Wikipedia

  • Objectivity — Ob jec*tiv i*ty, n. [Cf. F. objectivit[ e].] The state, quality, or relation of being objective; character of the object or of the objective. [1913 Webster] The calm, the cheerfulness, the disinterested objectivity have disappeared [in the life… …   The Collaborative International Dictionary of English

  • objectivity — I noun aequitas, broadmindedness, detachment, disinterest, disinterestedness, dispassion, dispassionateness, equitableness, equity, fair mindedness, fair play, fairness, immovability, impartiality, impersonality, justice, justness, lack of bias,… …   Law dictionary

  • objectivity — (n.) 1803, from M.L. objectivus, from L. objectus (see OBJECT (Cf. object) (n.)) + ITY (Cf. ity) …   Etymology dictionary

  • objectivity — [n] impartiality detachment, disinterest, disinterestedness, dispassion, equality, equitableness, indifference, neutrality, open mindedness; concepts 403,542 …   New thesaurus

  • objectivity — [äb΄jek tiv′ə tē] n. 1. the state or quality of being objective 2. objective reality …   English World dictionary

  • objectivity — objective, objectivity In the dispute between those who view sociology as actually or potentially a science, and those who advocate some other model of intellectual activity (such as textual interpretation, the sympathetic understanding… …   Dictionary of sociology

  • Objectivity — For Wikipedia s policy on avoiding bias, see Wikipedia:Neutral point of view. Objectivity can refer to: Objectivity (journalism) Objectivity (science) Objectivity (philosophy) Objectivity (frame invariance) Objectivity in historiography… …   Wikipedia

  • objectivity — objective objective 2 adjective not influenced by your own needs, wishes, or situation: • An analyst s role is to provide an informed, objective opinion regarding the future of a company. objectively adverb : • The Bank will do all it can to… …   Financial and business terms

  • objectivity — n. in all objectivity * * * [ˌɒbdʒek tɪvɪtɪ] in all objectivity …   Combinatory dictionary

  • objectivity — ob|jec|tiv|i|ty [ ,abdʒek tıvəti ] noun uncount 1. ) a state or situation in which something is based only on facts and evidence: the principles of scientific objectivity 2. ) the ability to make decisions based on facts rather than your own… …   Usage of the words and phrases in modern English

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”