Accounting Standards of India | Essay | India | Accounting

In this essay we will discuss about:- 1. Introduction to the Accounting Standards of India 2. Establishment of NACAS 3. Deviation from Accounting Standards. Essay # 1. Introduction to the Accounting Standards of India: Accounting standards are the policy documents issued by a recog­nized expert accountancy body relating to various aspects of measure­ment, treatment, presentation and disclosure of accounting transactions [...]