Accounting Standards (AS)
Accounting standards (AS) are rules and guidelines set up by the governed bodies, like FASB and IASB. So, it to keep accounting practices consistent and understandable across all companies and industries. Nature of …
international accounting standards board
International Financial Reporting Standards
International Financial Reporting Standards (IFRS)set basic decides so fiscal reports can be predictable, straightforward and similar around the globe. IFRS are issue by the International Accounting Standards Board (IASB). Therefore …