29 accounting standard
what are accounting standards nature
Indian accounting standards are developed by Indian board and only applicable in India while international accounting standards are developed by International Accounting standard board and applicable to all countries.
There are total of 9 accounting standards. For more details: open the link given below http://members.rediff.com/sumitbond/AStd.htm
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
what are advantages and disadvantages of harmonisation of accounting standards
what are accounting standards nature
168
accounting standards
37
The Financial Accounting Standards Board (FASB) is a private organization (within the Financial Accounting Foundation) that issues financial accounting and reporting standards for nongovernmental entities.
Indian accounting standards are developed by Indian board and only applicable in India while international accounting standards are developed by International Accounting standard board and applicable to all countries.
There are total of 9 accounting standards. For more details: open the link given below http://members.rediff.com/sumitbond/AStd.htm
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
what are advantages and disadvantages of harmonisation of accounting standards
Financial Accounting Standards Board was created in 1973.
The most common accounting standards are the ones that one can find in the Generally Accepted Accounting Principles (GAAP), those are a group of accounting standards very common and widely accepted.
National Advisory Committee on Accounting Standards