Day 7 of 50 Days Accounting Challenge – Accounting Standards Accounting is often called the language of business, but just like any language needs grammar to make sense, accounting also needs rules to ensure clarity, fairness, and comparability. These rules are known as Accounting Standards. Imagine if every company prepared its accounts in its own unique way – one values inventory using FIFO, another using LIFO, and another using a random method. It would be impossible for investors, lenders, o
Day 7 of 50 Days Accounting Challenge – Accounting Standard…
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34 reactions | To showcase the relevance of #AccountingStandards, ICAI under aegis of its ASB is celebrating #AccountingStandards Day on Friday, 21st April 2023. Check out the video on Role of Accounting Standards and Financial Statements in the Growth of your Business. (English Version). | The Institute of Chartered Accountants of India | Facebook
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To showcase the relevance of #AccountingStandards, ICAI under aegis of its ASB is celebrating #AccountingStandards Day on Friday, 21st April 2023 from 3:30 PM at New Delhi. Check out the video on the Role of Accounting Standards and Financial Statements in the Growth of your Business. | The Institute of Chartered Accountants of India
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