no
Here is a link to a great paper by from the SEC , outlining the major differences in 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 financial accounting
general standards field work of standards reporting standards
Differences include: *Speed *Cost *Back up
Here is a link to a great paper by from the SEC , outlining the major differences in 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 financial accounting
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.
none
general standards field work of standards reporting standards
Standards of consistency, quality, information sharing between Accountants, and transparency in reporting are the base objectives of public sectors accounting.
Differences include: *Speed *Cost *Back up
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.
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.
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
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.