In Indian Accounting Standards are mandatory for —

Related MCQs

• Accounting standards issued by ICAI are mandatory in India. Sol:
• Which of the following is true statement for computerised accounting system? a. the computer accounting system is based on the concept of database. b. Computer accounting system does not away with the concept of creating and maintaining journals, ledger etc.
• Accounting procedures and accounting practices should remain same from year to year under which of the following accounting principles:
• The international accounting standards committee was set up in -------------
• The Accounting Standards are issued for the purpose of —
• The Accounting Standards Board was established in India by
• The total number of accounting standards issued by ICAI so far is
• The International Accounting Standards Committee was set up in —
• The accounting process of gradually converting the unexpired cost of fixed assets into expenses over a series of accounting periods is
• Accounting Standard 1 requires the significant Accounting Policies to