المعايير المحاسبية التي تستخدم في أي دولة من دول العالم هي تلك المعايير التي الصادرة من قبل المعاهد والمراكز المهنية في الولايات المتحدة الأمريكية والمملكة المتحدة المتعارف عليها والمقبولة قبولا عاما في معظم دول العالم
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why was the adoption of the IFRs seen as an incentive for multinationals and local enterprises to register on the local stock market in fiji
what are accounting standards nature
accounting standards
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.
The term used to refer to creating one set of financial accounting standards throughout the world is "International Financial Reporting Standards" (IFRS). These standards aim to provide a common accounting language for businesses and organizations globally, enhancing transparency and comparability of financial statements across different countries. The International Accounting Standards Board (IASB) is responsible for developing and maintaining IFRS.
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
Financial Accounting Standards Board was created in 1973.
what are advantages and disadvantages of harmonisation of accounting standards
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.
These are set of guidelines & principles formulated by an authorised body for preparation & presentation of Financial statements. AS are the detailed guides for interpretations of issues,terms,Accounting treatments of specific items on uniform base to be used by organisations,accounting people and auditors.