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Write any three objectives of Accounting Standards. (AS)

Asked by Topperlearning User 4th July 2016, 8:16 AM
Answered by Expert
Answer:

 Three objectives of Accounting Standards:

 i. Facilitates in better understanding of financial statements.

 ii. Adopts and facilitates significant accounting policies

 iii. Enhancing reliability of financial statements.

Answered by Expert 4th July 2016, 10:16 AM
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