Article

UNDERSTANDING THE PILLARS OF THE GLOBAL STANDARD OF ACCOUNTING

Ismailov Shapakhat SodikovichDepartment of Senior Lecturer of the Accounting and Auditing Termiz State University

Journal of Universal Science Researchjournal2024

ABI

Abstract

This article explores the pillars of the global standard of accounting, emphasizing their significance, evolution, and key components. It discusses the importance of a unified standard in facilitating international trade and investment, the historical context of accounting standards convergence, and the role of organizations like the International Accounting Standards Board (IASB) in developing International Financial Reporting Standards (IFRS). Additionally, it highlights challenges and future directions in achieving uniformity across jurisdictions.

Topics

Auditing, Earnings Management, Governance Accounting Theory and Financial Reporting Historical Studies in Central America

Identifiers

DOI: 10.66301/jusr.v2i4.5023

Citations and references

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