Accounting Standards in USA & India
Hi Friends!
DINESH CHOPRA this side from http://www.dineshchopra.20m.com & today i would like to draw your attention towards International Accounting Standards body affecting the countries like USA & India.
As we all know that Harmonisation of ACCOUNTING PRACTICES is critical for the best & fair businesses all over the world, but the question that arises is :- IS IT FEASIBLE ?????? Yeah!! Feasibility ?????
We dont thaink that its feasible unless & until the ACCOUNTING BODIES of all the countries participate into it which is still a distant dream. The INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE has worked on framing the guidelines for a lot of Accounting Standards, FASB, ICIA, CPA, AICPA, American CPA, Indian CA or Chartered Accountants, CFA's , American CFA's & all Indian CFA & THE MBA's of course.
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