Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Standards at International Level: In view of the development of international trade and multinational enterprises, the requirement for standardization at the international level was thought. An International Congress of Accountants was organized in Sydney. Australia in the year 1972 to ensure the needed level of uniformity in accounting practices. Maintain this in view, the International Accounting Standards Committee (IASC) was made and was entrusted along with the responsibility of formulating international standards. Each the member countries of IASC solved to conform to the standards developed through IASC, or at least to disclose variations from recommended standards. After its formation in the 1973 year, the IASC has certified 40 international accounting statements to date. The other professional body, IFAC i.e. the International Federation of Accountants was established in the 1978 year.
Attempts have also been formed in countries as in the European Economic Community (EEC) and in Canada for standardization of accounting practices about disclosure and consistency of procedures.
QUESTION An important function of Environmental Accounting is to bring environmental costs to the attention of corporate stakeholders who may be motivated to identify ways of r
The American Accounting Association is one of the accounting organizations discussed later in this Introduction it defines accounting as "the process of measuring, identifying, and
how much does a paper costs regarding differences and similiarities of gaap and ifrs for 4 companies
Fixed Assets These are tangible, relatively long-lived items owned through the business. The benefit of these assets is obtainable not only in the accounting period wherein the
What kinds of risks does a firm like Amazon.com face with respect to safeguarding its assets? What types of controls do you think it already has in place to minimize these risks? G
The Financial Executives Institute is an organization established in 1931 whose members are mainly financial policy-making executives. Several of its members are chief financial of
Question : (a) In relation to a non-profit organization describe social accounting and describe its main aims. (b) What are the needs an organisation wants to satisfy throug
are exploration costs assets to Mining companies?
Development of financial accounting standards Several organizations are considerable in the establishment of generally accepted accounting principles (GAAP) for businesses or g
describe why a high stock turnover is considered to be a good thing
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd