GAAP to IAS & IFRS under IASB (IASC) | Accounting practices in Bangladesh and Global context : The core part of the word “Accounting is Count”. Accountants usually record, classified, summarized, reconcile & analyze data. Above rolls started a long time ago & has evolve our development of society & technology. The Quran mentions Accounting for trade and credit arrangements. Five major Era’s of development in history of accounting . They Are: The Ancients - (10 thousand years ago -Mesopotamia, Egypt ) The Merchants - (Venice in 1494) The Traders - (Netherlands around the year 1600) The Industrialists - (In 1700 IR starts in Britain) The Era of Accounting Technology – (ERP, Digital Currency, AI, Robotics, ML, Block-Chain etc.)