Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is accounting standard ?

Answers were Sorted based on User's Feedback



what is accounting standard ?..

Answer / seema choudhari

Accounting Standards are written policy documents issued by
experts accounting bodies or by governement or other
regulatory bodies.
Accounting standards are those principles, concepts or
conventions which have been codiefied by the accounting and
auditing practice regulation authorities.

Is This Answer Correct ?    7 Yes 0 No

what is accounting standard ?..

Answer / santosh

Accounting standards are written documents, policy
documents issue by expert accounting body or government
covering the aspect of measurment, treatment, presentation
of accounting transaction in financial accounting.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

capital expenditure , revenue expenditure

6 Answers   RRDonnelley, Wipro,


What is meant by defferred revenue expenditure

13 Answers   Capital IQ, FactSet Systems, L&T, TCS, Xansa,


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

0 Answers  


WHAT IS IFRS?

1 Answers  


please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

0 Answers  


Expand BFSI

0 Answers  


payroll calculation procedure explain completely?

0 Answers   IBM, Tesco,


Preliminary expense of company?

3 Answers  


Answered but misspelled pl correct THE MINIMUM NUMBER OF SHARE HOLDERS IN A PUBLIC LTD CO. (ANS.NEVSE)

3 Answers  


Where we show Credit Card Account ( Credit Balance ) in Balance Sheet?

3 Answers  


define export sales contract. distinguish between export sales contract and domestic sales contract.

1 Answers   L&T,


Restrictions or limitations of members in banking Firms -------other firms

2 Answers  


Categories