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what is accounting standard ?
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Answer / seema choudhari
Accounting Standards are written policy documents issued by
experts accounting bodies or by governement or other
regulatory bodies.
Accounting standards are those principles, concepts or
conventions which have been codiefied by the accounting and
auditing practice regulation authorities.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / santosh
Accounting standards are written documents, policy
documents issue by expert accounting body or government
covering the aspect of measurment, treatment, presentation
of accounting transaction in financial accounting.
| Is This Answer Correct ? | 1 Yes | 0 No |
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