IDEAS home Printed from https://ideas.repec.org/a/jct/journl/v1y2006i1p28-33.html
   My bibliography  Save this article

International Accounting Standards (The Esperanto of Accounting Through Countries)

Author

Listed:
  • Alok Kumar Pramanik

    (Head, Department of Commerce, Bhatter College, Dhantan, Paschim Medinipur, West Bengal.)

Abstract

Globalisation has created an increasing need for communications which are internationally comprehensive and comprehensible, and financial information is no exception. It is for this reason that international standards in accounting are so important. The concept of establishing International Standards for accounting was germinated around the trun of 19th century in the first International Congress of Accounts held at St. Louis in 1904. Further, the drastic changes in the science and technology and changes in political reorganizations of the nations and their alliances have brought importance to the International Accounting Standards. The present paper is a broad essay comprising multinational facts about the IASs. It is concluded in this paper that enormous benefits will flow from convergence of accounting standards worldwide.

Suggested Citation

  • Alok Kumar Pramanik, 2006. "International Accounting Standards (The Esperanto of Accounting Through Countries)," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 1(1), pages 28-33, April.
    • Handle: RePEc:jct:journl:v:1:y:2006:i:1:p:28-33
    as

    Download full text from publisher

    File URL: http://www.jctindia.org/april2006/v1i1-5
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    stress; employee attraction; pressure; turnover; retention strategies;
    All these keywords.

    JEL classification:

    • A0 - General Economics and Teaching - - General
    • C0 - Mathematical and Quantitative Methods - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jct:journl:v:1:y:2006:i:1:p:28-33. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Himanshu Agarwal (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.