The CICA has developed a set of accounting standards that specify the four financial statements that companies must develop and how information is to be presented and disclosed in the financial statements.

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The CICA (Canadian Institute of Chartered Accountants) has developed accounting standards in Canada that specify the four financial statements that companies must develop and how information is to be presented and disclosed in the financial statements. These standards are known as the CPA Canada Handbook - Accounting.

The CICA Has Developed a Set of Accounting Standards That