Topic: Accounting Standard
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Answers to Common Questions
What Is a Financial Accounting Standards Board?
There can be only one. The power of the Financial Accounting Standards Board (FASB) is that it is the single organization in the United States charged with the development of accounting standards. All U.S. based, publicly traded companies a... Read More »
Source: http://www.ehow.com/about_4697351_what-financial-accounting-stand...
What is a Standard Margin in Accounting Terms?
In accounting terms, a standard margin is a measure of profitability for a business unaffected by "one-time" events, the random and the unpredictable. Standard margin is used to measure the effectiveness and value of a business from a purel... Read More »
Source: http://www.ehow.com/facts_5003978_what-standard-margin-accounting...
How to Fund a Standard Account With a Credit Card
When you need money now but can't use your credit card to make a payment, you need to get a cash advance from your credit card. When you do this, you can fund a standard account with a credit card. Doing so often comes with a fee in additio... Read More »
Source: http://www.ehow.com/how_5896441_fund-standard-account-credit-card...
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Answers to Other Common Questions
rigidity/not flexible
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Source: http://wiki.answers.com/Q/What_are_the_Limitations_of_accounting_...
the main objetive it to have the same way of reporting financial information
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Source: http://wiki.answers.com/Q/What_are_Objectives_of_accounting_stand...
The role Of Accounting Standards Accounting standards are necessary to promote high quality financial reporting. The fundamental role of accounting is to communicate economic information about businesses and other organization to various st...
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Source: http://wiki.answers.com/Q/Wha_are_the_roles_of_accounting_standar...
The term standard denotes a discipline, which provides both guidelines and yardsticks for evaluation. As guidelines, accounting standard provides uniform practices and common techniques of accounting. As a general rule, accounting standards...
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Source: http://wiki.answers.com/Q/What_are_the_Needs_for_accounting_stand...
Typically, every country can have their own set of accounting standards used for private enterprises. However, the three major accounting standards recognized globally are US GAAP, Canadian GAAP (although Canada is switching to IFRS effecti...
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Source: http://wiki.answers.com/Q/How_many_international_accounting_stand...
The importance of International Accounting Standard is underpinned by the global nature and impact of virtually all business transactions. Investors from different business environments need a standardized form of reporting business transac...
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Source: http://wiki.answers.com/Q/What_is_important_of_International_Acco...
The accounting standards used in Fiji are the International Accounting Standards, but are harmonized in various ways to be able to be applicable in Fiji.
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Source: http://wiki.answers.com/Q/What_accounting_standards_are_used_in_F...
