 International Accounting Standards (The Esperanto of Accounting Through Countries)Alok Kumar Pramanik ()
Journal of Commerce and Trade, 2006, vol. 1, issue 1, 28-33 Abstract: Globalisation has created an increasing need for communications which are internationally comprehensive and comprehensible, and financial information is no exception. It is for this reason that international standards in accounting are so important. The concept of establishing International Standards for accounting was germinated around the trun of 19th century in the first International Congress of Accounts held at St. Louis in 1904. Further, the drastic changes in the science and technology and changes in political reorganizations of the nations and their alliances have brought importance to the International Accounting Standards. The present paper is a broad essay comprising multinational facts about the IASs. It is concluded in this paper that enormous benefits will flow from convergence of accounting standards worldwide. Keywords: stress; employee attraction; pressure; turnover; retention strategies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:jct:journl:v:1:y:2006:i:1:p:28-33 Access Statistics for this article Journal of Commerce and Trade is currently edited by Dr. Himanshu Agarwal More articles in Journal of Commerce and Trade from Society for Advanced Management Studies |
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