accounting standard :

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accounting standard

  • n  a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions
News & Articles

  • IASB revised Exposure Draft marks major milestone toward global reporting consistency for insurers
    LONDON, June 20, 2013 /PRNewswire/ -- Ernst & Young today welcomes the International Accounting Standards Board's (IASB) revised exposure draft Insurance Contracts ( the revised ED). The revised ED is ...
    June 20, 2013 - PR Newswire via Yahoo! Finance
  • New bookkeeping rule to priprizese open insurers' 'black box' accounts
    By Huw Jones LONDON (Reuters) - An international bookkeeping regime being unveiled on Thursday will iron out national variants in insurers' "black box" balance sheets although the transition will take several years and the United States will keep its own, very different rules. The International Accounting Standards Board's (IASB) third try at a new rule will be unchanged from the previous draft ...
    June 19, 2013 - Reuters via Yahoo! News

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