8th Era of Accounting
The companies and various other departments started to use computers during sixties and seventies. The computers become more affordable in that era. The corporations become more efficient and effective in doing the jobs with high speed and accuracy. The jobs of accountant become easier. However, there are several hurdles in this transition. The companies needed qualified staff to perform jobs. As a response of all these changes, a new branch of accounting that is Accounting Information System evolved. Cont... (500 words of this report)
Introduction
GAAP and IFRS during 8th Era
Contribution of this Era in Development of Accounting
Characteristics
Effect of applying GAAP or IFRS on Financial Statements
References
GAAP and IFRS during 8th Era
Contribution of this Era in Development of Accounting
Characteristics
Effect of applying GAAP or IFRS on Financial Statements
References
