GAAP FULL MEANING || GAAP এর পৃর্ণরূপ || Basic Accounting || Bangla Tutorial || Math Study School ||

Welcome My YouTube Channel *** GAAP FULL MEANING || GAAP এর পৃর্ণরূপ || Basic Accounting || Bangla Tutorial || Math Study School || #GAAP #BasicAccounting #MathStudySchool In Bangladesh, the profession of accountancy developed during the British colonial period. The basic requirements for financial reporting by all companies in Bangladesh are provided by the Companies Act of 1994.[1] Today, it is represented by two professional bodies, the Institute of Cost & Management Accountants of Bangladesh (ICMAB) and the Institute of Chartered Accountants of Bangladesh (ICAB). Chartered Accountants complete their training in practising firms and specialise in financial accounting, financial audit and tax. CMAs receive particular training in cost audit, management audit and management accounting, as well as general accounting and taxation. Both the ICMAB and ICAB are under the administrative control of the Ministry of Commerce. The Government of Bangladesh considers both type of professional accountants equal in respect of employment in government services per circular No.Com/PTMA/AP/2/19/87.[2] The Generally Accepted Accounting Principles (GAAP) in Bangladesh are based upon standards set by the ICAB, which has stated its intention to adopt International Financial Reporting Standards. As of 2013, ICAB has adopted the IFRS as issued by the IASB, except for IAS 39, IAS 29, and IFRS 9 [1] and All foreign companies, and domestic companies listed on the Dhaka Stock Exchange (DSE) and/or the Chittagong Stock Exchange (CSE) are required to use IFRS.[3][4] Basic Accounting Link :    • Basic_Accounting44   Basic Mathematics Link :    • #Basic_Mathematics44