[Share] Business Accounting - P5 : Accounting Standards, Conventions And Law

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Hi friends,
Continue with the Business Accounting series, today, I will share to you the principles of accounting. Accounting Standards, Conventions And Law.
Accounting Standards are standards, customs or guidelines regarding the application of accounting rules.
To support the application of the "true and fair view", accounting has adopted accounting standards and conventions which help to ensure that accounting information is presented accurately and consistently.

Good luck.
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