Accounting standards
This query is : Resolved
Harish singh
(Querist)
05 October 2013
what types of accounting standards?
CA Pallav Singhania
(Expert)
05 October 2013
Please elaborate your query..
Ganeshbabu K
(Expert)
07 October 2013
ICAI not defined "types of Accounting standards"
.
.
However Accounting standards can be understood as below
.
.
Accounting standards are written documens,policy documents issued by expert accounting body or by government or other regulatories body covering the aspects of recognition ,measurement,treatement ,presentation and disclosure of accounting transaction in financial statement.
.
.
Accounting standards in India are issue by ICAI
.
.
However Accounting standards can be understood as below
.
.
Accounting standards are written documens,policy documents issued by expert accounting body or by government or other regulatories body covering the aspects of recognition ,measurement,treatement ,presentation and disclosure of accounting transaction in financial statement.
.
.
Accounting standards in India are issue by ICAI
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