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what is accounting standard?
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Accounting Standards in India are issued By the Institute of Chartered Accountanst of India N At present there are 30 Accounting Standards issued by ICAI. which helps to arrive at the financial position of an origination's financial status at particular time,
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Answer / dharmendra
accounting standrs is mind of accounts,and they guied in
the any difficulty or problams in accounts.which issued by
ICAI.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / jenz
accounting standard are the methord used for presenting various financial statements ....(laws which cant be change)
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Answer / azza
accounting standard is a principal that used as refrense to
determine the appropriate treatment for complex transactions
and governs current accounting practice
it is an authoritative statement determine the treatment
and disclosure of events and transactions in preparing and
puplication of accountig financial reports
without it the comparability of differnt companies is so
difficult
| Is This Answer Correct ? | 2 Yes | 3 No |
A common standard for accounting and reporting. Accounting
Standards contain the principles governing accounting
practices and determine the appropriate treatment of
financial transactions.
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Answer / sashanka sekhar nayak
Accounting Standard with a bunch of Princples & Method
prepaired by Institute Of Chartted Accountants Of India for
better maintainance of accounts & day today operations &
also that is the limitations withen which we should work.
| Is This Answer Correct ? | 0 Yes | 1 No |
Accounting standard is applied by Charted
Accountant.Accounting standard is provied the knowldge of
Acounting section.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / kiran
i would like to take the decision with you but my feelings
are to be different but we can not the person. there is two
purpose of the final account
| Is This Answer Correct ? | 11 Yes | 13 No |
Answer / kunal
Accounying standaras are the principles for messuring and
standarding financial data in proper manner.
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / chetan
ACCOUNTING STANDARD ARE THOSE WHICH ARE ISSUED BY ICAI
WHICH EVERY BUSINESS HAS TO STRICTLY FOLLOW
| Is This Answer Correct ? | 1 Yes | 3 No |
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