Comparability

What Is Meant by the Term “Comparability”?

Comparability is the qualitative characteristic of accounting information that presents information in such a way that the users can identify similarities and differences between two sets of economic events. It can be used to evaluate the financial position and performance of one firm over time or to compare such factors with other firms.

True Tamplin, BSc, CEPF®

About the Author
True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, his interview on CBS, or check out his speaker profile on the CFA Institute website.