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Identify the different sources of accounting regulation including company law, local GAAP and IFRS?

Identify the different sources of accounting regulation including company law,

local GAAP and IFRS?

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تم إضافة السؤال من قبل Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator
تاريخ النشر: 2017/03/12
Muhammad  Ashar ali
من قبل Muhammad Ashar ali , Daraz.pk , Daraz.pk

IFRS stands for International Financial Reporting Standards. This is a set of accounting standards set by the International Accounting Standards Board (IASB), in London.

GAAP stands for Generally Accepted Accounting Principles and is the standard adopted by the Securities and Exchange Commission (SEC) in the U.S.

Mubashir Ameer
من قبل Mubashir Ameer , Senior Call Center Manager , REMOTE OUTSOURCING ZONE PVT LTD

Lenders do not have grasp and sense of the running of the various businesses that the borrowers are engaged in.They are contended to let the borrower run their own business, Sources bare followed accounting rules and standards for financial reporting and This is a set of accounting standards set by the International Accounting Standards Board.

Ramez Wassef
من قبل Ramez Wassef , Financial Manager , Icon Communications and Advertising

The need for and the structure of professional regulationcompany law, stock exchange ... Accounting primarily focused on identifying and measuring financial .... GAAP in other countries may be different but thesource of regulation is typically .... By the 1st Januay 2013 the IASB has issued 14 IFRSs 

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