Interested to Buy Any Domain ? << Click Here >> for more details...
What is US GAAP describe..? What is the different between
US GAAP and Indian GAAP...?
- 1 Answers
- 6824 Views
- Berger Paints, Wipro, I also Faced
- E-Mail Answers
Answer / giridhar
GAAP - Generally Accepted Accounting Principles
US - United States
GAAP includes all the accounting policies, assumptions,
standards, etc.
Major portion of the Indian GAAP has been derived from US
and UK GAAP and adjusted according Indian circumstances.
US GAAP works on IATF issues, FASB statements.
Where as in Indian GAAP has explanatory notes issued by
ICAI from time to time.
The procedure for treating various items also differ in
these two gaaps. for eg. amortization
| Is This Answer Correct ? | 5 Yes | 0 No |
The stock investment and opening stock of a firm are Rs.500 and Rs.1000 respectively. Calculate its closing stock.
How should a charity account for its branches?
what is exact difference between copy rights and patent rights?
what is book building?
what mean by derivatives?
give detail expansion about MIS Report?
5 Answers Oriental Bank Of Commerce,
what is the Journal entry for Salaries outstanding? Giv an example.
27 Answers ACS, Apple, Cognizant, Genpact, HSBC, Infosys,
i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.
Information regarding shop & establishment registration of propiertor ship & require document for this
what is mean by tax holiday?
Treatment of P&L A/c balance(either profit or loss)??
I am Simrat Kaur. I am persuing graduation from P.U. I have an experience of 14 months as a CSA. But i hav an experience letter of 6 months.But I can show my joinin letter of the other job. I hav knowledge of basics of computer & internet. Actually, m findin job in chandigarh. I am findin the right opportunity. so, Can u plz help me in findin the right job?? Can u plz tel me abt where interviews r goin on?
Audit 
