Accounting Standard in Bangladesh

A REPORT ON
APPLICATION OF
BANGLADESH ACCOUNTING STANDARDS
IN BUSINESS

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DEPARTMENT OF FINANCE
UNIVERSITY OF DHAKA

REPORT ON
APPLICATION OF
BANGLADESH ACCOUNTING STANDARDS
IN BUSINESS

FINANCIAL ACCOUNTING –I
F-103

Submitted To
Dr. H. M. Mosarof Hossain
Associate Professor
Department of Finance
Faculty of Business Administration
University of Dhaka

Submitted By
Members of Group-3
Section-B
14th Batch
Department of Finance

|Names                                                                   |Roll No                               |
|Upoma Antara Husain                                                     |14-052                                 |
|Zubairia Khan                                                           |14-050                                 |
|Nazmul Ehsan Omiya                                                     |14-054                                 |
|Monowar Hossain                                                         |14-008                                 |
|Md. Rubel Ahmed                                                         |14-030                                 |

DATE OF SUBMISSION
31 May 2008

TABLE OF CONTENTS

CHAPTER I:

□ INTRODUCTION
□ OBJECTIVES OF APPLYING BAS IN BUSINESS
□ IAS ADDOPTED AS BAS
□ SHORT DESCRIPTION OF BASs

CHAPTER II:

□ ABOUT PRIME BANK LIMITED
□ BAS USED IN PBL
□ APPLICATION OF BASs IN PBL
□ IMPORTANCE OF APPLYING BAS IN PBL
□ CONCLUSION

CHAPTER III:

□ ANNEXURE
□ BIBLIOGRAPHY

CHAPTER I

INTRODUCTION

The rules and guidelines adopted and implimented worldwide in accounting record keeping and statement preparation ror maintaining uniformity are known as International Accounting Standared (IAS). IAS were issued between 1973 and 2001 by the board of the International Accounting Standards Committee (IASC).

Bangladesh Accounting   Standards (BAS) are adopted From IAS by Institute of Chartered Accountants of Bangladesh (ICAB)... [continues]

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