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What is the Function and structure of Nigerian accounting standard board?
Wiki User
∙ 13y ago
Wiki User
∙ 13y ago
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The structure of the international accounting standard board?
Structure diagram
What is the function of International Accounting Standards Board?
The function of the International Accounting Standards Board is to oversee the doings of Accountants and businesses worldwide. The Board handles the functions of in house police over companies and individuals that come under their purview.
Indian accounting standard with international accounting standard?
Yes
What are the structures of the international accounting standard board?
Full organization structure and details can be found at the link provided in related link section below.
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.
What are the current changes in international accounting standard 1?
Changes to the structure of financial statements; inclusion of statement of changes in equity; The pattern of disclosure and classification.
How many types of accounting standards?
29 accounting standard
What is the function of International Accounting Standard Committee?
The International Accounting Standard Committee (IASC) oversees the functions of the International Accounting Standards Board in the development of accounting standards that can be adopted by businesses operating in different countries. The goal of this project is to make it easier to compare the financial statements of a business in Country A with those of a business in Country B, providing more useful information to investors who are deciding which companies to invest in.
What is accounting standard?
it is good...
Why accounting is the language of business?
The reason that accounting is the "language of business" is because of its role in maintaining and processing all relevant financial information that an entity or company require for its managing and reporting purposes. Accounting is aptly called the language of business. This designation is applied to accounting because it is the method of communicating business information. The basic function of any language is to serve as a means of communication. Accounting duly serves this function. The task of learning accounting is essentially the same as the task of learning a new language. To enable the accounting language to convey the same meaning to all people as far as practicable it should be made standard. To make it a standard language certain accounting principles, concepts and standards have been developed over a period of time.
What is Accounting standard Stands for?
"Accounting Standards" are what governs various ethical and legal aspects of accounting. It does not "stand" for anything.
