Definitions [1]
Definition: Accounting Standards
In the words of Kohler: “Accounting standards are codes of conduct imposed by customs, laws or professional bodies for the benefit of public accountants and accountants generally.”
Concepts [5]
- Basis (Methods) of Accounting System
- Accounting Standards
- Accounting Assumptions - Verifiable Objective
- Core Accounting Concepts
- Accounting Assumptions - Timeliness
