WHAT IS THE LATEST CHANGES IN ACCOUNTING STANDARDS
Answers were Sorted based on User's Feedback
Answer / yogesh deshmukh
Accounting standard board created by ICAI which sets the
accounting standards. There are 31 Accounting standards are
in exist and it the last i.e. 31st accounting standard is
regarding Financial Instruments and and Presentation
| Is This Answer Correct ? | 12 Yes | 7 No |
Answer / anup kumar das
ACCOUNTING STANDARD NOW HAS BEEN MODIFIED ACCORDING TO IFRS.
EARLIER WE HAVE 32 ACCOUNTING STANDARD BUT NOW WE HAVE 35
ACCOUNTING STANDARD AND THESE ARE ACCORDING TO IFRS AND
THERE SERIAL NUMBER ALSO HAS BEEN CHANGED FROM 01.04.2011.
| Is This Answer Correct ? | 13 Yes | 11 No |
Answer / dimple
how can there be a change if the accounting is
standard.even if there is a change every company has now
created there own standards of accounting.
| Is This Answer Correct ? | 3 Yes | 23 No |
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