Who Has Formed The Accounting Standard Board? However, the Council of the Institute of Chartered Accountants of India has issued 29 Accounting Standards (AS) so far. Which of the following organizations currently is responsible for establishing and improving standards of financial accounting? The Financial Accounting Standards Board (FASB) is an independent nonprofit organization responsible for
How Do The Responsibilities Of Private Accountants And Public Accountants Differ? Public accounting involves reviewing a client’s financial documents for accuracy and completeness before the documents are disclosed to the public. Private accountants review their client’s internal business documents and work with financial managers to plan budgets and evaluate fiscal performance. What is one responsibility
What Are Ethics In Finance? Ethics in Finance talks about financial behavior or activities that are ethically right or wrong. … It is generally used for describing finance which takes into account the ethical channelization of financial returns along with ESG (environmental, social, and governance) factors. What are some financial ethics? 5 Ethical Concerns in