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IFRSs refers to the new numbered series of pronouncements that the IASB is issuing, as distinct from the International Accounting Standards (IASs) series issued by its predecessor. More broadly, IFRSs refers to the entire body of IASB pronouncements, including standards and interpretations approved by the IASB and IASs and SIC interpretations approved by the predecessor International Accounting Standards Committee On the other hand by simple Accounting Standard we mean " Accounting Standard issued by the Institute of Chartered Accountants of India(ICAI)".
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Different between international accounting and domestic accounting?
The difference between international accounting and domestic accounting is that whereas one is international the other is local. The international accountants must be certified by the international bodies while the local accounts must be certified by the local bodies.
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 is the difference between international financial report as opposed to the public sector accounting?
your nan
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.
The difference between accounting policies and accounting bases?
The difference between accounting and auditing?"
What is the difference between manual accounting and tally accounting?
what is the difference between manual accounting and tally accounting?
The difference between accounting nations and accounting commerce?
the difference between accounting nations and accounting commerce
Difference between social accounting and social audit?
Difference between social accounting and social audit?
What is difference between smm7 and POMI?
Standard method of measurement (smm7) & project of international management
What is the difference between Accounting Postulates and Accounting Concepts?
yes
What is the difference between profit making accounting and not for profit making accounting?
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
In accounting profit is the difference between what?
difference between revenue and costs
