consistency concept
noun[S]
ukus(alsoconsistency principle)ACCOUNTING
abasicprincipleofaccountingstatingthat the samemethodsfor doingaccountsshould be used from onefinancialyearto the next so thatprofits,losses, etc. can becompared:
According to theconsistencyconcept,onceabusinesshasdecidedon aparticularmethodfortreatinganaccountingitem, it willtreatallsimilaritemsin the same way in thefuture.