Accounting Standard (AS) - 44. page

Considerations in the Selection of Accounting Policies : 16. The primary consideration in the selection of accounting policies by an enterprise is that the financial statements prepared and presented on […]

Areas in Which Differing Accounting Policies are Encountered 14. The following are examples of the areas in which different accounting policies may be adopted by different enterprises. (a) Methods of […]

Nature of Accounting Policies : 11. The accounting policies refer to the specific accounting principles and the methods of applying those principles adopted by the enterprise in the preparation and […]

Explanation  Of  Fundamental Accounting Assumptions : 9. Certain fundamental accounting assumptions underlie the preparation and presentation of financial statements. They are usually not specifically stated because their acceptance and use […]

Introduction Of Accounting Policies : 1. This Standard deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements. 2. The view presented in the financial statements […]