The Accounting and Auditing Organization for Islamic Financial Institutions AAOIFI. which was established in 1990 issued the first accounting auditing, governance and Sharī'ah standards in 1993.
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Q31: It is a modern practice to combine
Q32: One of the objectives of financial accounting
Q33: The end product of all financial transactions
Q34: While the first Statement of Financial Accounting
Q35: A balance sheet can be defined as
Q37: The accrual method of accounting is based
Q38: While some Muslim countries have required Islamic
Q39: The information generated in cost and management
Q40: The cash flow statement also known as
Q41: For corporations, the statement of retained earnings
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