What is US GAAP describe..? What is the different between
US GAAP and Indian GAAP...?
Answer / giridhar
GAAP - Generally Accepted Accounting Principles
US - United States
GAAP includes all the accounting policies, assumptions,
standards, etc.
Major portion of the Indian GAAP has been derived from US
and UK GAAP and adjusted according Indian circumstances.
US GAAP works on IATF issues, FASB statements.
Where as in Indian GAAP has explanatory notes issued by
ICAI from time to time.
The procedure for treating various items also differ in
these two gaaps. for eg. amortization
Is This Answer Correct ? | 5 Yes | 0 No |
Sir, we have a machinery manufectred plant and now we want to ragistration in service tax what is the procedure for this pls help me in detal . we have ecc no. and tin no. already
WHAT IS THE PROCESSOR OF IMPORT & EXPORT
What are the forms required to be file along with annual return.
How do you value a company
3 Answers Capital IQ, Deloitte,
what's down payment method please axplain in detail
what need to b a cs is graduation is necessary?
when contribution is negative, then how to calculate PV ratio?
Can a Chairman of the Board be removed from the chair by the Managing Director And other Directors of the Company during the Course of the Board Meeting.
What is US GAAP describe..? What is the different between US GAAP and Indian GAAP...?
1 Answers Berger Paints, Wipro,
hat is the meaning of the capital ique,and hat is capital,and ahat is ique
what is deferred profit ?
1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-