Accounting standards are formalised practices used to ensure that financial statements are reported accurately and in a legal manner. This helps businesses ensure that their financial statements are balanced, accurate, and easily understandable. They also help businesses track their financial dealings and keep track of money flows.
If you want to set up accounting standards in your business, use the toolkit and template as guides.
Corporate Governance Fundamentals: Accounting Standards
A video guide on having accounting standards within your business
أسس الحوكمة المؤسسية للشركات المتناهية الصغر والصغيرة والمتوسطة: المعايير المحاسبية
فيديو إرشادي باللغة العربية حول تطبيق المعايير المحاسبية في مؤسستك.
Accounting Standards Graphic Guide
This graphic guide explains what accounting standards are, and how they should be used to a business’ financial reporting and tracking.
Enhancing Gulf Business Competitiveness
Evaluations of the Gulf Region’s economic sphere reveal that much of the business is carried out by Micro, Small, and Medium Sized Enterprises (MSMEs).