Accounting Standards

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Across
  1. 2. Globally recognised set of standards for the preparation of financial statements
  2. 4. Standards Primary source of GAAP
  3. 6. The predecessor of IASB
  4. 7. Depreciation Accounting stands withdrawn
  5. 9. of study group 2nd Standard Setting process
  6. 12. As of 2018 these many jurisdiction require the use of IFRS standards
  7. 13. Valuation of Inventory does not permit LIFO
  8. 14. The IASC was set up
Down
  1. 1. Was constituted in August 2001
  2. 3. The central government prescribe the standards of accounting
  3. 5. Statuary Body established under Chartered Accountants Act 1949
  4. 6. Related Party Disclosure
  5. 8. Named and Numbered in the same way as IFRS
  6. 10. Agriculture
  7. 11. Joint Arrangements