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"Accounting Standards" are what governs various ethical and legal aspects of accounting. It does not "stand" for anything.
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Indian accounting standard with international accounting standard?
Yes
What does M and MM stand for in accounting?
In Accounting, 'M' stands for 'thousand', and 'MM' stands for 'million' (thousand thousand).
What does PR stand for in accounting?
In accounting the PR stands for posting reference.
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
What is accounting standard?
it is good...
What is Dr and Cr stnd for?
In accounting Dr stands for Debit Cr stands for credit the terms literally mean Debit (left side of the accounting equation) Credit (right side of the accounting equation)
What accounting principle does the US use?
The current principle is the FASB (Financial Accounting Standards Board). This standard is the current adopted standard to the USA.
What is the difference between international accounting standard's and Indian accounting standard's?
GAAP Stands for Generally Accepted Accounting Principles. Accounting Standardards are issued by the Institute of Chartered Accountants of India (ICAI). This is the largest accounting body in the country. Now the Accounting Standards are 29.Accounting Standards are prepared by expert persons.Generally Accepted Accounting Principles means just like Accounting Concept which means every person can accept this principles.
What is the abbreviation of Accounting?
The abbreviation for the word Accounting is ACCG, while at first I thought it may be ACC, ACC actually in accounting stands is the abbreviation of Account.
What si accounting standard?
Accounting Standards are the statements of code of practice of the regulatory accounting bodies that are to be observed in the preparation and presentation of financial statements.
