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Why do we need law, regulation, accounting and auditing stander?

Accounting Tax Auditing Financial Management
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Question added by Farhad Ali , Accountant , AL Aaly holding
Date Posted: 2013/07/07
Upvote (6) Views (6) Followers (2) Answers (2) Report Question
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Mohammad Feroz Al Azad
by Mohammad Feroz Al Azad , Head of ORM, And Head of ICC (Internal Control & Compliance , Brac Bank Limited

So that we remain sensible human who act rationally, not become animal.

mukkur srinivasan varadhan
by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice

For uniform practices in a binding manner.For clarity.For standardisation for comparability and for easy and universal  comparison.For ascertaining realistic growth.These are standards ,framework.For professional approach. 

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