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The objectives of any accounting is to show the financial standing of a business at any given point in time.
The accounting standard is set to insure that businesses use the exact same method of computing their assets, liabilities, and owners equity. It insures that companies use the same standards and therefore helps to keep businesses from padding their "statements" by using whatever standards or practices they choose.
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What are the objectives of the International Accounting Standard Board?
help students
What is objectives of Accounting standard?
They help accountants to be objective in their decision making.
Accounting and its functional objectives?
There are many objectives to accounting. A systematic accounting system will should have the following objectives: to maintain cash account balances, to detect fraud, and maintain ledger account balances.
What are the primary objectives of the accounting function in an organization?
The primary objectives of the accounting function in an organization are to process financial information and to prepare financial statements at the end of the accounting period.
What are the objectives of government accounting?
to fulfill the legal requirement
What are the objectives of the International Accounting Standard Board?
help students
What is objectives of Accounting standard?
They help accountants to be objective in their decision making.
Accounting and its functional objectives?
There are many objectives to accounting. A systematic accounting system will should have the following objectives: to maintain cash account balances, to detect fraud, and maintain ledger account balances.
What are the primary objectives of the accounting function in an organization?
The primary objectives of the accounting function in an organization are to process financial information and to prepare financial statements at the end of the accounting period.
What is the Cost and cost accounting also give out objectives of cost accounting?
answer
Indian accounting standard with international accounting standard?
Yes
What are the objectives of material control in cost accounting?
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What are the objectives of government accounting?
to fulfill the legal requirement
What are the objectives of public sector accounting?
Standards of consistency, quality, information sharing between Accountants, and transparency in reporting are the base objectives of public sectors accounting.
What is meant by economic consequences in accounting standard-setting?
What is the Economic consequence of accounting standard-setting
What is international account standard board?
The International Accounting Standards Board is a new accounting standard. Its purpose is to become the global standard of accounting. It has not been fully adopted yet.
How many types of accounting standards?
29 accounting standard
