hello students enhancing characteristics of accounting information enhancing fundamental qualities okay and the fundamental qualities are nato however there are additional qualities okay that makes the information or accounting information or financial information more useful okay users because it enhances the quality of information as you can see here okay we have the verifiability we have the compatibility we have the understandability and then we have the timeliness okay so pagusa panatenito in a short discussion okay um verifiability okay verifiability when we talk about verifiability at the young phrase the information can be validated independently users of financial information is separate information either he or she can validate or can invalidate the information financial statements or financial information okay predict second the motion i agree that the information is like this okay okay that is the quality of an information i know verifiability okay and of course when you can validate it independently okay behind okay information we try to know simplify everything characteristics second we have the comparability okay anub and concept and comparability compare young similarities or indifferences of verifiability angsabedito we can validate independently and when you are validating you can compare the similarities or you can compare the differences okay either you can compare similarities or differences between financial information of different periods okay okay financial statement nothing last year ganetoyan financial statements no we can compare anub similar before anub okay so there are similarities or differences that can be cited that makes that information useful casino comparable either naco compariton and different users okay compare it on and is a user using different periods okay that is the concept of comparability okay the third enhancing characteristic is understandability easy to understand understandable buying financial information financial statements when we are talking of the financial statements it can be the general public it can be the um cognitive potential use i know no potential investors human information for it to be useful otherwise financial reports financial information okay so i hope understood okay next and the last but not the least we have the timeliness when we talk about timeliness no we want to make sure that the financial information is available when we did hindi young available in gusto you are the preparer of the financial information i don't know financial information it loses it's not timeliness what i try to say no is you are the accountant of the company and the manager or the owner of the business asks you to prepare a financial statement by the end of the week financial information it should be available when it is needed okay so this four enhancing characteristics makes the information or the accounting information more useful to the users now for them to make informed decisions for verifiability c for compatibility you for understandability and p for timeliness okay so that ends our short video lecture for our discussion on enhancing characteristics of accounting information until then i'll see you soon on susanoo video lectures bye