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Accounting standards

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Set up stiff targets for executing a job and work relentlessly to exceed your own expectation. Make winning a habit.’ – says Mr. Rajneesh Jain, President & CFO – Reliance Jio. Mr. Rajneesh Jain is a Cost & Management Accountant (CMA). He is an accomplished finance veteran with over 30 years of professional experience in the industry. He has worked with a number of established organizations previously namely RCom, Indo Rama Synthetics, Ispat Industries, and…

International Financial Reporting Standards, commonly called IFRS, are accounting standards that are issued by the IFRS Foundation. The IFRS course offered by the Association of Chartered Certified Accountants (ACCA) is one of the most appreciated and respectable qualifications across the globe.  The diploma course by ACCA is designed mainly to develop one’s knowledge and understanding of IFRS.  The other main objectives of this course are: To apply relevant financial reporting standards for the key elements…

The profession of finance is emerging as a growing industry all over the world. The General Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) are gaining momentum across many countries. Apart from normal specialization in accounting and finance, companies prefer to recruit those who have expertise in IFRS. There’s a huge demand for IFRS professionals.  Accounting standards are a common set of principles and procedures that define the basis of financial accounting policies…