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 does SORP mean?

Answer Posted / guest

SORP stands for "Statement of Recommended Practice" and is
a best practice guide for accountancy in a specialised
sector. It is normally issued by the regulatory body
relevant to that sector and recognised by the ASB
(Accounting Standards Board).

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

2118


Can you explain about the distinction of Book-Keeping and Accounting

1983


what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.

2407


WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY

2090


what is duties and responsibilities for clark working in sbi

2248


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2630


i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me

1890


can payorder be issued for outstation?if yes then how?should it be account payee?

2283


What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

2196


Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed

1945


How does the ration analysis help in depicting profit and loss

2154


why do you think you are sutable candidate for this post

2123


What is the difference between payable and accrual

1953


What is contract accounting?

2350


What is compensation theorem?

3067