GAAP
- Accounting
History Of Origin and Development of IFRS
International Financial Reporting Standards (IFRS) are international accounting standards that set out how certain transactions are accounted for. Let’s start…
Read More » - Accounting
Importance Of The Going Concern Assumption In Accounting
Under the going concern assumption or otherwise going concern concept, an entity will continue its business operation for an indefinite…
Read More » - Business
What are the potential benefits of a global set of accounting standards?
 Potential benefits of a global set of accounting standards include:  Using a principles based approach which allows more scope for…
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