What you’ll learn
- It acquires professional and applied capabilities to formulate economic events and accounting guidance in accordance with accounting standards
- You can treat all of your accounting problems by mastering accounting standards guidelines
- You can view and photograph financial statements and testify with professional experience that they were prepared according to accounting standards
- Your company avoids professional and government responsibilities that harm its interests if the components of presenting financial statements violate accounting standards
- You can evaluate the proper professional in all the main aspects of the financial statements, such as the evaluation of the commodity stock, for example, or evaluate fixed assets or determine revenues ….
- Support your professional experiences with adequate and comprehensive experiences of all elements of accounting standards
This course includes:
- 11.5 hours on-demand video
- Access on mobile and TV
- Full lifetime access
- Certificate of completion
Description
Welcome to this course Accounting Standards full study
Understand all GAAP accounting standards in detail. Be a chartered or audited accountant. Prepare for CA and CFA exams
Target From this course is to get a full overview of the theory and practice of accounting standards issued by the Institute of Chartered Accountants. In this course, efforts were made to explain each part of the accounting standards and are supported through case studies as well.
Knowledge of accounting standards is considered Very necessary from an examination perspective as well as from a practical point of view. Because accounting standards greatly affect the way financial statements are prepared and presented. Students who pursue professional courses such as legal accounting, cost accounting and management, company secretary, etc., must have knowledge of accounting standards.
Accounting standards indicate AS To the general guidelines and standards for financial reporting. The company’s financial statements can be prepared using generally accepted accounting principles GAAP or IFRS standards.
The accounting standard is Application to the company’s financial reports. Some common examples of accounting standards are sectoral reports, goodwill accounting, the permissible method of depreciation, business consolidation, rental classification, existing share scale, and revenue recognition.
Acceptable accounting principles Generally GAAP, commonly referred to as International Accounting Standards, is the primary accounting standards adopted by the SEC Securities and Exchange Commission. Accounting principles generally accepted in the United States have been defined and form the basis for accepted accounting standards for the preparation and preparation of financial reports worldwide.
The IASB Council provides Accounting guidelines based on rules and principles for international companies based outside the United States. IAS aims to achieve uniformity of approach and meaning identity. The accounting standards of a particular country are strongly influenced by their governance arrangements and tax policy.
In essence Accounting Standard is a common set of principles, standards, and procedures that define the basis for financial accounting policies and practices. Accounting standards improve the transparency of financial reports in all countries. In the United States, generally accepted accounting principles constitute a set of widely accepted accounting standards for preparing financial statements. International companies follow the international financial reporting standards set by the International Accounting Standards Board and act as a guideline for non-American companies that adopt generally accepted accounting principles that report on financial statements.
The accounting standard is A common set of principles, standards and procedures that define the basis for financial accounting policies and practices.
Accounting standards apply to the full range of the entity’s financial picture, including assets, liabilities, revenue, expenses and shareholder rights.
Banks, investors, and regulators rely on accounting standards to ensure that information about a particular entity is relevant and accurate.
Accounting standards relate In all aspects of the entity’s financial affairs, including assets, liabilities, revenue, expenses and shareholder rights. Specific examples of the accounting standard include recognition of revenue, classification of assets, permissible methods of depreciation, what is considered amenable to depreciation, rental classifications, and measurement of existing shares.
Accounting Standards Course This is the perfect course for you if you want to learn the concepts of accounting standards.
Accounting standards training will help you gain a great advantage in understanding AS and knowing how to apply it in practice in different situations. This will help you to become a successful financial and tax advisor, or to prepare for CA legal accountant tests including CA, CFA, CS, and others.
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Who this course is for:
- CMA Students
- Account heads and financial managers
- Chartered accountants
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