Accounting Standards

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History and Development of Accounting Standards

Accounting has been around since the beginning of civilization. ¡§Accountants participated in the development of cities, trade, and the concepts of wealth and numbers.¡¨ (Giroux) The importance of...

Published: 2021-10-01 01:40:05

The Formulation of Accounting Standards

The Corporations Law which came into effect in January 1991, has made substantial changes to the way business is conducted in Australia. Previously some illegal practices are now legal, and some legal...

Published: 2021-09-30 19:55:05

Today’s Country Differences in Accounting Standards

Today’s Country Differences in Accounting Standards There are five main influences on a country’s accounting system. Having a different system of accounting is like having a different culture for ...

Published: 2021-09-30 05:30:04