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What is Overview of Accounting Standards in India about?

This document provides an overview of accounting standards in India. It defines accounting standards as written statements issued by accounting profession institutions to establish financial measurement and disclosure guidelines. Standards aim to improve financial statement credibility, provide guidance for accountants and auditors, and determine managerial accountability. The Accounting Standards Board of the Institute of Chartered Accountants of India is responsible for establishing 32 accounting standard

Author

udaywal.nandini

Language

EN