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What are the differences between Indian accounting standards and U.S. accounting standards?

Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.


What are the differences between Indian Accounting Standards and International Accounting Standards?

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.


What are the differences between direct cost and indirect cost in management accounting.?

what are the differences between direct cost and indirect cost in financial accounting


What are the deferences between accounting theory and IAS?

Accounting theory is a framework for understanding accounting principles and concepts, while IAS (International Accounting Standards) are specific guidelines and rules set by the International Accounting Standards Board for how financial statements should be prepared and presented. Accounting theory provides the foundation for accounting standards, including IAS, by guiding the development of principles and concepts used in accounting practice.


What are two differences between large business accounting and accounting for small businesses?

none


Distinguish between generally accepted auditing standard and generally accepted accounting principle?

general standards field work of standards reporting standards


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 are similarity between manual and computerized accounting?

Differences include: *Speed *Cost *Back up


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 differences between manual computerized accounting systems for a service business?

A manual accounting system is a method of processing accounting functions with pencil and paper. A computerized accounting system allows accounting professionals to compute accounting tasks with a computer.


What is the difference between a diploma in accounting and a bachelor of accounting?

One of the differences is that a diploma in accounting from a certified institution will make you an "Assistant Accountant". Also you cannot be an auditor with a diploma. ~G


Differences between public sector accounting and private sector accounting?

The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.