2. DEFINITION
- Conservatism is an ideology that imphasizes the
preservation of institutions in what is believed to
be their primary and traditional form and function.
- The word's root "conserve" means to keep
maintain, preserve, are prevent less any decay.
3. HISTORY
The first established use of the term in a political context originated in
1818 with Fran?ois-Ren¨¦ de Chateaubriand during the period of
Bourbon Restoration that sought to roll back the policies of the
French Revolution.
4. ADVANTAGE
? Allows the company to pay it safe by basing their actions.
?On a less optimistic picture companies would this remain modest in their
approach.
? As they would factor in the uncertainty of the expected future gains.
? It might have is that of lower taxation.
? Inventories valued at lower of cost, provision of debts accounted.
? No future revenues recorded the net income of the company.
? Might be underated which would allow them to pay much less in taxes.
5. DIS ADVANTAGE
?It underestimate the company's future value.
?It will result in increasing the written down value of the company.
? It promotes shifting which means a transaction can be push back into the
next accounting period it is found not to be not meaning the requirements for
the current reporting period.
6. TOP 10 Moat Convervative
Countries in the World Busisness
insider.
1. Yemen
2. Mali
3. Iran
4. Pakistan
5. Chad
6. Egypt
7. Saudi Arabia
8. Lebanon
9. Eswatini
10. Ethiopia