The total number of accounting standards issued by ICAI so far is

Related MCQs

• Accounting standards issued by ICAI are mandatory in India. Sol:
• The Accounting Standards are issued for the purpose of —
• 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:
• So far ———— AS have been issued by IASB
• AB Ltd. has signed at 31st December, 2017 the Balance Sheet date, a contract where the Total Revenue is estimated at ` 15 Crores and Total Cost is estimated at ` 20 Crores. No work began on the contract. Is the Contractor required to give any accounting effect for the year ended 31st December, 2017?
• The international accounting standards committee was set up in -------------
• In Indian Accounting Standards are mandatory for —
• The Accounting Standards Board was established in India by
• The International Accounting Standards Committee was set up in —