Define Accounting Standards. What are th...

Define Accounting Standards. What are their main objectives?

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DK GOEL-Accounting Standards and International Rinancial Reporting Standards-VERY SHORT ANSWER QUESTIONS

Define Accounting Standards. What are their main objectives?
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What are Accounting Standards?
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Given two points regarding nature of accounting standards.
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Given two advantages of accounting standards.
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What are the two basic objectives of having Accounting Standards?
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Why are accounting standards required?
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What is the full form IFRS?
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What is the basic difference between IFRS and Accounting Standards (AS...
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