Match the items below.Service Organization Control reportQuality management standardsAuditing standardISMS standardsAssociation representing the accounting profession

What are accounting standards?Group of answer choicesRules for preparing financial statementsRules for marketing productsRules for setting pricesRules for employee management

Which one of the following relates to management accounting:Group of answer choicesInternational financial reporting standardsGenerally accepted accounting principlesAustralian accounting standardsCost-benefit approach

Which of the following organizations has specific legal authority to establish accounting standards for publicly held companies?

Standards established by the International Accounting Standards Board are referred to as

Accounting Standards are formulated by a Planning Commission b Institute of Chartered Accountants of India c The Companies Act, 1956 d Ministry of Finance, GOI