Common Accounting Standards
Some commonly used accounting standards include:
- Generally accepted accounting principles (India)
- Generally accepted accounting principles (United States)
- Generally accepted accounting principles (United Kingdom)
- Generally accepted accounting principles (Plan Comptable Général) (France)
- Grundsätze ordnungsmäßiger Buchführung (Germany)
- Chinese Accounting Standards (China)
- International Financial Reporting Standards (international)
Read more about this topic: Standard Accounting Practice
Famous quotes containing the words common, accounting and/or standards:
“If we use common words on a great occasion, they are the more striking, because they are felt at once to have a particular meaning, like old banners, or everyday clothes, hung up in a sacred place.”
—George Eliot [Mary Ann (or Marian)
“At the crash of economic collapse of which the rumblings can already be heard, the sleeping soldiers of the proletariat will awake as at the fanfare of the Last Judgment and the corpses of the victims of the struggle will arise and demand an accounting from those who are loaded down with curses.”
—Karl Liebknecht (1871–1919)
“Measured by any standard known to science—by horse-power, calories, volts, mass in any shape,—the tension and vibration and volume and so-called progression of society were full a thousand times greater in 1900 than in 1800;Mthe force had doubled ten times over, and the speed, when measured by electrical standards as in telegraphy, approached infinity, and had annihilated both space and time. No law of material movement applied to it.”
—Henry Brooks Adams (1838–1918)