Question

what is the main objective of accounting standard?​

Answer 1

Answer:

Accounting standards (AS) are general policy files. Their major goal is to make certain transparency, reliability, consistency, and comparability of the monetary statements. They achieve this through standardizing accounting insurance policies and concepts of a nation/economic system.

Answer 2

Answer:

Accounting standards (AS) are general policy files. Their major goal is to make certain transparency, reliability, consistency, and comparability of the monetary statements. They achieve this through standardizing accounting insurance policies and concepts of a nation/economic system.

Explanation:

plz follow me