ACCOUNTING STANDARDS

ACCOUNTING STANDARDS

ACCOUTING STANDARDS

Introduction

In this study we try to explore the concept of Accounting Standards in a holistic context. The main focus of the research is on the standards of accounting that have been set for all organizations to abide by in addition to the hindrances and problems that occur in the context of conducting research. The research also analyzes the standards in ways that it gauges the overall effect of these benchmarks upon the financial stability and reputation of all the banking and financial institutions respectively. Finally the research describes various factors establish the accounting standards and tries to ...