what is accounting standard?
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Accounting Standards in India are issued By the Institute of Chartered Accountanst of India N At present there are 30 Accounting Standards issued by ICAI. which helps to arrive at the financial position of an origination's financial status at particular time,
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Answer / dharmendra
accounting standrs is mind of accounts,and they guied in
the any difficulty or problams in accounts.which issued by
ICAI.
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Answer / jenz
accounting standard are the methord used for presenting various financial statements ....(laws which cant be change)
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Answer / azza
accounting standard is a principal that used as refrense to
determine the appropriate treatment for complex transactions
and governs current accounting practice
it is an authoritative statement determine the treatment
and disclosure of events and transactions in preparing and
puplication of accountig financial reports
without it the comparability of differnt companies is so
difficult
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A common standard for accounting and reporting. Accounting
Standards contain the principles governing accounting
practices and determine the appropriate treatment of
financial transactions.
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Answer / sashanka sekhar nayak
Accounting Standard with a bunch of Princples & Method
prepaired by Institute Of Chartted Accountants Of India for
better maintainance of accounts & day today operations &
also that is the limitations withen which we should work.
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Accounting standard is applied by Charted
Accountant.Accounting standard is provied the knowldge of
Acounting section.
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Answer / kiran
i would like to take the decision with you but my feelings
are to be different but we can not the person. there is two
purpose of the final account
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Answer / kunal
Accounying standaras are the principles for messuring and
standarding financial data in proper manner.
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Answer / chetan
ACCOUNTING STANDARD ARE THOSE WHICH ARE ISSUED BY ICAI
WHICH EVERY BUSINESS HAS TO STRICTLY FOLLOW
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Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem
hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com
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