what is iso9000:2015

Q: etail the primary goals of FASB codification,its structure and content.

A: For nonprofit organizations, the FASB Accounting Standards Codification® is the excellent feature of…

Q: Describe the purpose of the AICPA. What is the AICPA’s primary function?

A: The American Institute of CPA (AICPA) is a non-profit organization of Certified Public Accountants…

Q: How has technology change accounting

A: In the last few years, there has been a great technology revolution that has touched various…

Q: Define Regulation National Market System (Reg NMS)

A: Answer: National market system (NMS) is nothing but a set of rules adopted by securities and…

Q: which MACRS convention is generally applicable to PP&E (equipment), and what other two MACRS…

A: MACRS stands for modified accelerated cost recovery system. It is the current system allowed in the…

Q: What are the two preconditions for the use of EAC?

A: It is also called as EAC, is the yearly expense of owning and preserving a asset that is calculated…

Q: What are the IFRS and IAS standards trying to accomplish, and how broad is their scope?

A: In the era of globalization, businesses around the world work together. Investors have more…

Q: Discuss briefly how CSR is practiced in developed countries

A: Corporate Social Responsibility (CSR) refers to a company's voluntary efforts to consider and act…

Q: Which FASB accounting standard(s) are next in line to converge with an IFRS standard?

A: As of my last update in January 2022, the convergence efforts between the Financial Accounting…

Q: Where are you getting the Industry EPS from?

A: EPS refers to earnings per share. EPS is computed by dividing the net income of a company with its…

Q: What is meant by GAAG? Why should all companies follow GAAP in reporting to external users?

A: Generally Accepted Accounting Principles is what is meant by the abbreviation GAAP. Companies use…

Q: FASB rules for research and development

A: solution FASB                 FASB stands for financial accounting standards board…

Q: Mention and describe some FASB concepts, principles, standards, and rules and how they differ from…

A: Given: The concept of FASB and their differences.

Q: What is full form of PBGC? Describe about it.

A: PBGC means Pension Benefit Guarantee Corporation. This corporation is a federal agency created by…

Q: Purpose of the Codification project.  Name some pros and cond

A: The answer is stated below:

Q: Describe the primary roles of the PCAOB.

A: PCAOB indicates to a non-profit organization stated in US and set up by Sarbanes-Oxley Act in…

Q: Describe the support for, and the use of:  IFRS accross countries  GAAP accross countries

A: International Financial Reporting Standards (IFRS) are a set of accounting standards that govern by…

Six Sigma

Six Sigma’s usage for measurement standards goes back to Carl Friedrich Gauss, 1855, when the normal curve concept was introduced.

Quality Control

Quality Management System (QMS), Quality Assurance (QA) and Quality Control (QC) are part of Quality umbrella.