Compare the Difference Between Similar Terms
Difference Between
IAS vs IFS IAS and IFS are two very popular career options for students in government sector. Both services are attractive and are full of glamour and prestige. While IAS stands for Indian Administrative Service, IFS refers to Indian Foreign service. Any Indian citizen who is above the age of 21 and has passed his […]
IAS vs IFRS As IAS and IFRS are standards in the accounting practice that one adheres to in financial reporting, it is important to know the difference between IAS and IFRS. There was a need in the 1960’s to standardize accounting processes and reporting in order for practically anyone to understand the financial statements of […]
Management Accountant vs Chartered Accountant Management Accountant and Chartered Accountant are both from the same profession but the scope of their job differs. The word chartered accountant has become very commonplace and majority of the people are aware of the fact that he is a person qualified to work in the fields of business and […]
IAS vs IPS IAS and IPS are two of the most sought after career in India. IAS is the Indian Administrative Service while IPS is the Indian Police Service. Union Public Service Commission in India is an autonomous body that conducts examinations for various government sector jobs in India and the most notable among these […]
GAAP vs IFRS GAAP vs IFRS GAAP and IFRS are two of the accounting rules and guidelines that regulate the financial reporting standard. All over the world, different procedures for computing financial results of companies are being observed which are known as their versions of GAAP or local GAAP. This is nothing but generally accepted […]
GAAP vs IAS To talk about differences between GAAP and IAS, we first need to have an understanding of the two concepts. For a layman, GAAP refers to General Accepted Accounting Principles that are a framework within which financial statements of any company are prepared, summarized and analyzed. They reflect the standards, rules and conventions […]
