Accounting Regulatory Bodies
Various accounting regulatory bodies are responsible for issuing accounting standards and guidelines in their own countries. These guide the accountants.
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The International Accounting Standards Board
Introduction The International Accounting Standards Board (IASB) is an independent, standard-setting organisation of the International Financial Reporting Stand
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The Sarbanes-Oxley Act of 2002 | Accounting and Ethics
The Sarbanes-Oxley Act of 2002 is a significant legislation aimed at increasing accountability and transparency in U.S. corporations. It was implemented in resp
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What are the Various Functions of IASB?
The International Accounting Standards Board (IASB) is a not-for-profit organization that develops and sets accounting standards to be followed by companies in
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Cuáles son las funciones de IASB
El Consejo de Normas Internacionales de Contabilidad (IASB) es un organismo independiente del sector privado (anteriormente conocido como IASC), con sede en Lon
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Volkswagen Scandal – An Accounting Perspective
Every public organisation must be accountable for its operations from a financial, social, and environmental perspective (Crane & Matten 2010). There are ma
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What are IFRSs and Their impacts on accounting in Australia?
IFRS are internationally accepted accounting standards that companies around the world need to follow in preparing their accounts. An IFRS account reconciles th
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The Role and Purpose of International Accounting Standards
International Accounting Standards (IAS) refers to a certain level of quality that should be adhered to while drawing financial statements. The older set of sta
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What are the Various Objectives and Functions of FASB?
The Financial Accounting Standard Board (FASB) was founded in 1973 as an independent, private-sector, not-for-profit organisation. It establishes accounting pri