What is the scope of accounting standards?

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What is the scope of accounting standards?

What are Accounting Standards?

  • Accounting standards are written statements of standardised accounting rules and procedures used in practice to ensure that financial statements are prepared in a uniform and consistent manner
  • In other words, accounting standards are a collection of norms that businesses must follow, established by legislation, statute, or a professional organization
  • In no way can these standards take precede over the provisions of applicable laws, and the business environment in a given jurisdiction

There is a lot of scope in accounting because in our country people are opening new businesses every day and they are also opening rapidly as we are seeing that all the businesses are required to maintain their accounts. We need an accountant to maintain our books of Accounts.

There is a wide scope of accounting standards in Auriga accounting.

Auriga Accounting very well incorporates the accounting standards and collects data from the client and does accounting with all the rules and procedure.That’s a lot of good ways to think about accounting standards. Clarify all the things and check the accounting tab. If anyone wants to get their accounting done then they can contact Auriga Accounting

For more details Call Now -

+91–7982044611/+91–8700032203

aurigaconsultancy1@gmail.com

 
 
 
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