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) for preferred accounting practices in all kinds of business in
References: □ Financial Accounting By Kermit D. Larson □ Accounting Principles By Weygandt, Kieso and Kimmel □ Annual Report 2007 , Prime Bank Limited Interview: □ Ahmed Kamal Khan Chowdhury Senior Executive Vice President & Head of Financial Administration, Prime Bank Limited [pic][pic][pic][pic]