Accounting Standards

Accounting Standards,

What is The Definition of Accounting Standards?

  • Meaning of Accounting Standards: According to the IRDA (Insurance Regulatory Authority), all insurers must follow the accounting standards set by the Institute of Licensed Accountants of India to ensure consistent accounting practices for certain transactions.

Literal Meanings of Accounting Standards


Meanings of Accounting:
  1. The process or process of restoring financial accounts.

Sentences of Accounting
  1. Alleged investigation of illegal accounting

Synonyms of Accounting

money management, business, financial affairs, economics, banking, investment, money matters, pecuniary matters, commerce, fiscal matters, accounting


Meanings of Standards:
  1. A measure of quality or performance.

  2. Something used as a measure, standard or model in benchmarking.

  3. (Especially in relation to jazz or blues) A ​​popular song of rave or popular popularity.

  4. Military or formal flags are hoisted on poles or waved on ropes.

  5. A tree or shrub that grows taller in a vertical trunk

  6. Vertical piping for water or gas.

  7. Used or accepted as normal or medium.

  8. (From a tree or bush) Straight on a straight trunk.

Sentences of Standards
  1. The restaurant offers a high quality service

  2. Low wages by today's standards

  3. Many songs reached the West, others standard jazz and Kiss Nova Pop.

  4. Sir Marcus Versley paid tribute to the Queen Mother and members of the Malton and Norton branches of the British Royal Legion hoisted flags.

  5. Regular tax rate

  6. Standard waves are useful in situations where direct altitude is required.

Synonyms of Standards

paradigm, level, regular, grade, routine, settled, banderole, conventional, pennon, merit, usual, typical, habitual, norm, normal, example, criterion, law, gauge, banner, set, archetype