Accountancy, asked by solankem2297, 11 months ago

All Accounting Standards are recommendatory.

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Answered by bharatbhushan199652
0

Standards (IPSAS) are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements. These standards are based on International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB).

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