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IASB -International Accounting Standards Board : IASB is an independent body based in London, which is responsible for setting accounting standards. IASB started operations in the 2001, after the IASC went out of existence. The IASB has a total of 16 members, each having one vote. Roy Dodge (2007). One of the main responsibilities of the IASB is to develop the international financial reporting standards and to approve the standards developed by the IFRIC (International Financial Reporting Interpretations Committee).
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on july 2,ali collected cash of Rs 700 from accounts receivable ,july 9 purchased gym equipments for 2175, paying 5500 in cash and charging the remainder on the company 30 day acco
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a survey of grocery revealed 40 percent had a pharmacy, 50 percent had a floral shop, and70 percent had a deli. suppose 10 percent of the stores have all three departments, 30 perc
Marks(less than)-10,20,30,40,50,60,70,80 Number of students-4,8,25,34,41,46,50,60 Draw a median graph for the followin
The foundation sales whereby income are acknowledged when gained and considerable regardless of when collected; and costs are noted on a corresponding basis when suffered. All amaz
it seems that 14% of engaged women buy a wedding dress at least one size smaller than their current size
Nortel is considering the purchase of a new call routing system. The system will cost $50M to purchase, an additional $7M to install, and will last for 30 years. The CCA rate assoc
Significant factors of financial accounting In financial accounting, The IASB and FASB considered that reconsidering all the ideas would not be a practical use of their underst
1. What is Single Entry System? Ans. In Accounting, The program under which only one part of entrance or bookkeeping go is registered is known as single Entry System, they ar
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