Accounting standards are authoritative standards for financial reporting and are the primary source of generally accepted accounting principles (GAAP). Accounting standards specify how transactions and other events are to be recognized, measured, presented and disclosed in financial statements.

Accounting standards +2 more

by Shiksha Choudhary

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3 Attachments 1 year ago

IND AS 1 deals with presentation of financial statements. AS 1 deals with disclosure of accounting policies

Accounting standards +1 more

by Shiksha Choudhary

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1 Attachment 1 year ago