The consistency concept aims at?

The consistency concept in accounting aims at ensuring that a company uses the same accounting methods and principles consistently from one accounting period to another. This allows for comparability of accounting records, making it easier for investors and other stakeholders to analyze financial statements and make informed decisions. By using consistent accounting methods and principles, a company can also ensure that expenses are properly matched against revenue, leading to more accurate financial reporting. The consistency concept does not aim to reduce costs or suppress profits to be declared.