Synopsis of Accounting Standards

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    http://www.bcasonline.org/knowledge/topic_des.asp?592#(ASI)%2025http://www.bcasonline.org/knowledge/topic_des.asp?592#(ASI)%2024

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    http://www.bcasonline.org/knowledge/topic_des.asp?592#(ASI)%2026http://www.bcasonline.org/knowledge/topic_des.asp?592#(ASI)%2015

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Shortworkings What do you mean by 'Accounting Standards'? Mention the procedure for issuing Accounting Standards. Distinguish between Accounting Standards and Accounting Principles.

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