Blue Medicare PPO â a popular Medicare Advantage plan in Florida. Some Counties in Florida have a couple dozen Medicare plans to choose from. Competition is fierce for some plans with name recognition to attract new members. Name recognition is one problem Blue Cross does not have.
What are 'Accounting Principles'. Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The common set of U.S. accounting principles is the generally accepted accounting principles (GAAP).
One of the duties of an auditor is to make sure the consistency principle is being followed because, otherwise, any change might make interpretation of the financial data a futile exercise. Also called consistency concept. See also accounting concepts. Basic accounting concept that once an accounting method is adopted, it should be followed consistently from one accounting period to the next.