Business Studies, asked by aryankumar3557, 11 months ago

what are accounting atandards​

Answers

Answered by QUEENKATRINA
1
An accounting standard is a common set of principles, standards and procedures that define the basis of financial accounting policies and practices. ... In the United States, the Generally Accepted AccountingPrinciples form the set of accounting standards widely accepted for preparing financial statements.
Answered by chaithra68
2

HEY DEAR!!!! ❤❤

HERE COMES YOUR ANSWER!!!!

An accounting standard is a common set of principles, standards and procedures that define the basis of financial accounting policies and practices... In the United States, the Generally Accepted Accounting Principles form the set of accounting standards widely accepted for preparing financial statements.

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