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Accounting standards

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(Querist)
05 October 2013 what types of accounting standards?
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
05 October 2013 Please elaborate your query..
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Ganeshbabu K

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Ganeshbabu K (Expert)
07 October 2013 ICAI not defined "types of Accounting standards"
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However Accounting standards can be understood as below
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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.
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Accounting standards in India are issue by ICAI
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