rigidity/not flexible
what are accounting standards nature
The limitations of accounting information Despite the usefulness of accounting information, there are some limitations: 1. An accountin
I would like to know what the limitations of business and accounting data is? I would like to know Accounting as a language of business suffers from which serious limitations?
what efforts have been made to overcome the limitations of financial accounting
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 accounting standards nature
accounting standards
The limitations of accounting information Despite the usefulness of accounting information, there are some limitations: 1. An accountin
I would like to know what the limitations of business and accounting data is? I would like to know Accounting as a language of business suffers from which serious limitations?
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.
what efforts have been made to overcome the limitations of financial accounting
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.
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
Accounting as business language suffers serious limitations. What are these limitations and what efforts are being made to remove them?
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.
what are advantages and disadvantages of harmonisation of accounting standards
Financial Accounting Standards Board was created in 1973.