What are Accounting Standards and why do they matter?
| Overview / Abstract: |
An Accounting Standard is a guideline that directs and standardizes accounting practices. Accounting standards provide a standardized framework to ensure that the financial statements of businesses are meaningful and standardized so that interpreting and understanding them would be easy. A set of standards compiled together are called principles. Businesses are typically mandated to follow a set of accounting standards which are either specific to the country or internationally accepted ones like IFRS, or the GAAP. |
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Expiration |
Dec 31, 2018 |
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Discipline(s) |
Education (Higher Ed) , Education (K-12) |
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Keywords / Search Terms |
edupristine Accounting Standards Free CE CME |
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