Accounting standards -Sujith and Daksh

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Across
  1. 4. Which international Accounting Standard is used for accounting income taxes?
  2. 6. AS8 has been withdrawn consequent to the issuance of which accounting standard?
  3. 8. Which international accounting standard deals with accounting for lease?
  4. 9. Accounting is a language of business. True or false ?
  5. 10. Which are authoritative standards for financial reporting and are primary source of generally accepted accounting principles(GAAP)?
  6. 12. Which institutions are involved in Indian Standard Setting?(use "and" and abbreviated form )
  7. 13. Which IFRS is designed specifically for Insurance contracts?
  8. 14. The council of the Institute of Charted Accounts of India has,so far issued how many accounting standards?
Down
  1. 1. What is the advantage of IFRS which enables comparison of the financial statements from a company in one country to a company in another company?
  2. 2. In India the companies are governed by which act ?
  3. 3. Which accounting standard prescribes the accounting treatment for property,plant and equipment to users of the financial statements?
  4. 4. Which is the accounting standard adopted by companies in India and issued under the supervision of accounting standard board(ASB)?
  5. 5. What is minimum networth required for unlisted companies for applicability of Ind-AS?
  6. 7. Which underlying assumption in Ind-AS prescribes that the accounting policies once adopted should be followed year after year to make them comparable?
  7. 11. Which is a statutory body established under the Chartered Accountants Act,1949 for regulation of the profession of Chartered Accountancy of India?