English Dictionary

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accounting standards (əˈkaʊntɪŋ ˈstændədz)  or or accounting practices (əˈkaʊntɪŋ ˈpræktɪsɪz) 


plural noun

  1. a set of standard rules that accountancy companies are obliged to follow   ⇒  ■ a host of changes to the accounting standards that govern how information is presented


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