Accountancy, asked by kavyajain3011, 7 months ago

what is the main objective of accounting standard?

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Answered by Anonymous

6

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.

Answered by ikyaan30

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.

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