Comparable example sentences

For making the accounting information meaningful to its internal and external users, it is important that such information is reliable as well as comparable.But, if the accounting policies adopted, say with respect to depreciation in the two years are different, the profit figureures will not be comparable.Different organisations maintain records according to their convenience and needs, and their accounts are not comparable due to lack of uniformity.Accountants should present the comparable information in the most intenlligible manner without sacrificing relevance and reliability.Consistency eliminates personal bias and helps in achieving results that are comparable.It is, therefore, important that the concept of consistency is followed in preparation of financial statements so that the results of two accounting periods are comparable.This may cause problem to the external users of information, which becomes inconsistent and incomparable.To be comparable, accounting reports must belong to a common period and use common unit of measurement and format of reporting.The reactions in which the concentrations of the reactants and products are comparable, when the system is in equilibrium.The use of accounting conventions makes financial statements comparable, simple and realistic.per hour, comparable to speed of commercial aircraft and completely washed away some of the islands in the Indian ocean.