ALLInterview.com :: Home Page KalAajKal.com
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
tip   To Refer this Site to Your Friends   Click Here
Google
 
Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
what is accounting standard?
 Question Submitted By :: Azam
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is accounting standard?
Answer
# 1
A common standard for accounting and reporting. Accounting 
Standards contain the principles governing accounting 
practices and determine the appropriate treatment of 
financial transactions.
 
Is This Answer Correct ?    48 Yes 5 No
Juvlemm
 
  Re: what is accounting standard?
Answer
# 2
Accounting standerds are the subject of guidlines issued by 
the Institute of Chartered Accountant of india in respect 
of financical transactions.
 
Is This Answer Correct ?    38 Yes 5 No
Mohd. Sikander
 
 
 
  Re: what is accounting standard?
Answer
# 3
totally there are 29 accounting standards. accounting 
standards are laid by the indian institute of chartered 
accountants which should be followed strictly
 
Is This Answer Correct ?    19 Yes 14 No
Shirish
 
  Re: what is accounting standard?
Answer
# 4
it is a set of accounting principles dealing with a 
particular subject matter.it is drafted by accounting 
standard board and issued by institute of chartered 
accountants of india.
 
Is This Answer Correct ?    15 Yes 3 No
Bipin Kumar Jain
 
  Re: what is accounting standard?
Answer
# 5
acounting standards are the standards which were given by 
the a/cing standard board presently there are  33 a/cing 
standards
 
Is This Answer Correct ?    4 Yes 10 No
Ravi
 
  Re: what is accounting standard?
Answer
# 6
Accounting Standards are the policy documents issued by the 
recognised expert accounting body relating to various 
aspects of measurment, treatments and disclosure of 
accounting transaction and events.
 
Is This Answer Correct ?    4 Yes 4 No
Keyur Manvar
 
  Re: what is accounting standard?
Answer
# 7
A common standard for accounting and reporting. accounting 
body relating to various 
aspects of measurment, treatments and disclosure of 
accounting transaction and events
 
Is This Answer Correct ?    6 Yes 2 No
Babu
 
  Re: what is accounting standard?
Answer
# 8
An accounting standard means a girl fucked by a group of 
boys....
 
Is This Answer Correct ?    4 Yes 17 No
Swati Dhaka
 
  Re: what is accounting standard?
Answer
# 9
a selected set of accounting policies or board guidelines 
regarding the principal and method to be chosen out of 
several alternatives this are laid by icai there are 29 
accounting standards
 
Is This Answer Correct ?    6 Yes 0 No
Sultan Singh Rathore
 
  Re: what is accounting standard?
Answer
# 10
Accounting standard are make by ICAI. They are fourteen.
Every decisions or entry take by in this.
 
Is This Answer Correct ?    4 Yes 1 No
Umesh Tayal
 
  Re: what is accounting standard?
Answer
# 11
WITH THE HELP OF ACCOUTING STANDARDS ONLY WE CAN TREAT ALL 
THE FINANCIAL TRANSACTIONS. AS PER MY KNOWLEDGE THERE ARE 
24 ACCOUNTING STANDARDS.
 
Is This Answer Correct ?    1 Yes 3 No
Sreedevi
 
  Re: what is accounting standard?
Answer
# 12
Some accounting standards are:
1. Seperate entity
2. Dual entry
3. Going concern
4. Accounting period
5. monetary measurement 
6. cost concept i.e. recording assets on purchase price not 
on market value
7. Revenue recognition i.e. entry of a tranaction in books 
at the time of accrual not at time of payment or receiving
8. matching methood, Bifurcation of items as direct on 
indirect between trading & p&L a/c
9. Accrual concept 
10. consistency in using the rules & methoods of accounting
 
Is This Answer Correct ?    4 Yes 2 No
Kanika
 
  Re: what is accounting standard?
Answer
# 13
Accounting standards are the guidline prepaired by the 
Institute of Chartered Accountant of india to make 
financial transactions in same maner.
 
Is This Answer Correct ?    5 Yes 1 No
Kiran
 
  Re: what is accounting standard?
Answer
# 14
Accounting standards are the principles through which we 
represents our accounting in a uniform manner.it is a 
proper means to represent our financial statements.so that 
the users of financial statements can access and 
understands the financial stements.
 
Is This Answer Correct ?    0 Yes 0 No
Abhishek Bansal
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
What do u mean by MIS?  5
what is the entry for cash received and after deposited in to the bank  2
how the bank reconciliation should be done in practical environment , and also using tally 7.2 , please explain it with exaples if possible  2
why debit notes and credit notes are passed? TCS2
WHAT IS DERIVATIVE? India-Infoline4
What is the difference between an Imprest and Non-imprest petty cash account?  2
Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales of asset on 30.09.2000 Rs 25000/-  1
How can we post Salary, PF etc., can anybody tell me the entry  4
i want more question for account for infoys inteview please send me fast Infosys2
Define cost accounting?  3
What is the Accountancy ? Give the Answer in one sentence.  7
WHAT DO U MEAN BY REPO RATE??? SBI7
Tell me something about you  1
How do u show Drawings In Trading Account ?  3
method of preparing the trial balance ?  1
Credit Paurchases Genpact7
Hi..! Frineds plz give a suggesion.I want to join in m.com (i.s.), What is features of this course.  2
what is ADRs? Capital-IQ5
Wat is pivot table  1
apptitude Questions for accounts payable job Airtel1
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 
   
Copyright Policy  |  Terms of Service  |  Help  |  Site Map 1  |  Articles  |  Site Map  |   Site Map  |  Contact Us interview questions urls   External Links 
   
Copyright © 2007  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  Forum9.com   ::  KalAajKal.com