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:
“The poker player learns that sometimes both science and common sense are wrong; that the bumblebee can fly; that, perhaps, one should never trust an expert; that there are more things in heaven and earth than are dreamt of by those with an academic bent.”
—David Mamet (b. 1947)
“I, who am king of the matter I treat, and who owe an accounting for it to no one, do not for all that believe myself in all I write. I often hazard sallies of my mind which I mistrust.”
—Michel de Montaigne (1533–1592)
“To arrive at a just estimate of a renowned man’s character one must judge it by the standards of his time, not ours.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)