Accounting Standard definition
Examples of Accounting Standard in a sentence
The reserves, if any, established by the Company or the lack of reserves, if applicable, are reasonable based upon facts and circumstances known by the Company on the date hereof and there are no loss contingencies that are required to be accrued by the Statement of Financial Accounting Standard No. 5 of the Financial Accounting Standards Board which are not provided for by the Company in its financial statements or otherwise.
These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Company choosing to present condensed interim financial statements.
Accounting Standard 20 – “Earnings per Share” issued by the Institute of Chartered Accountants of India.
These unaudited interim financial statements have been prepared in accordance with IFRS and in accordance with International Accounting Standard ("IAS") 34 - Interim Financial Reporting, as issued by the IASB.
IFRS 9, Financial Instruments (“IFRS 9”): In July 2014, the IASB issued IFRS 9, Financial Instruments, to replace International Accounting Standard 39, Financial In- struments – Recognition and Measurement (“IAS 39”).