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What are the features of postulates in accounting?

it is govern by rules and regulations


What has the author Michael Ramos written?

Michael Ramos has written: 'The auditor's guide to understanding PCAOB auditing standard no. 2' -- subject(s): Accounting, Auditing, Corporate governance, Corporations, Public Company Accounting Oversight Board, Rules and practice, Standards 'Polvoron' -- subject(s): Fiction, Social life and customs, Tales


What is public company accounting oversight board?

The Public Company Accounting Oversight Board (PCAOB) is a nonprofit organization established by the Sarbanes-Oxley Act of 2002 to oversee the audits of public companies in the United States. Its primary mission is to protect investors by ensuring the accuracy and reliability of financial reporting. The PCAOB sets auditing standards, inspects audit firms, and enforces compliance with its rules and regulations. By promoting high-quality auditing practices, the PCAOB aims to enhance public confidence in the financial markets.


What is the reationship beTween GAAp and GAAs?

GAAP (Generally Accepted Accounting Principles) is a set of accounting rules and standards used in the United States, while GAAS (Generally Accepted Auditing Standards) is a set of auditing standards used by auditors when examining and reporting on financial statements. While GAAP provides guidelines for how financial statements should be prepared, GAAS provides guidelines for how auditors should conduct their audits and issue their reports. In summary, GAAP focuses on accounting principles, while GAAS focuses on auditing standards.


What are accounting principles?

The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been divided into a. accounting concepts b. accounting conventions.


What is the 3 golden rules of accounting?

personal accounting nominal accounting real accounting


Why is judgment entered into accounting process?

The situations encountered in the practice of accounting and auditing are too complex and too varied for all specific answers to be set forth in a body of official rules. Therefore, individual accountants must resolve many situations, based upon their general knowledge of accounting, their experience, and their ethical standards-in short, their professional judgment.


What is the 3 golden rules of?

personal accounting nominal accounting real accounting


Discuss the social and ethical issues in financial accounting?

The codes and rules that members must follow deal with the following, integrity, objectivity and independence, confidentiality, professional competence, compliance with accounting, auditing and any other stands or guidelines given by the society, upholding the image of profession and the society and public interest.


What is accounting convection?

Accounting conventions are the rules and regulations which are required to be followed by the accountants while they maintain the accounts of transactions of companies. The accounting conventions are followed from many years back and they are changed only if the need arises. Due to the changing ways of businesses and more competitive environment, the accounting conventions can be changed slightly for increasing the efficiency of the accounting practices.


What are the rules and regulations in the public services?

Rules and regulations in public services are designed to ensure accountability, transparency, and fairness in the delivery of services to the public. They often include guidelines on ethical conduct, compliance with laws, budgeting and financial management, and performance standards. Additionally, public service regulations may address issues such as equal employment opportunities, data protection, and public safety. Adherence to these rules is essential for maintaining public trust and effective governance.


Is there a list of basketball rules and regulations?

yes there is basketball rules and regulations