A PROJECT REPORT ON
ACCOUNTING STANDARD
SUBMITTED IN PARTIAL FULFILLMENT OF THE
REQUIREMENTSFOR THE AWARD OF THE DEGREE OF
BACHELOR OF ACCOUNTING AND FINANCE (BAF)
UNIVERSITY OF MUMBAI
SUBMITTED BY
MANVI MAHESH BHAGANE
BAF, SEMESTER VI
SEAT NO._23482
ACADEMIC YEAR 2022-2023
UNDER THE GUIDENCE OF
ASST.PROF. MS. URVASHI KHONA
KONARK IDEAL COLLEGE OF SCIENCE & COMMERCE
KALYAN (E) DIST: THANE 421306
CERTIFICATE
This is to certify that MANVI MAHESH BHAGANE has worked and duly
completed his project work for the degree of Bachelor of Management Studies under
the Faculty of Commerce in the subject of Finance and his project is entitled,
ACCOUNTING STANDARD under my supervision.
I further certify that the entire work has been done by the learner under
my guidance and that no part of it has been submitted previously for any
Degree of any University.
It is his own work and facts reported by his personal findings and investigations.
Project Guide Principal
Asst prof. Ms. Urvashi Khona Dr. Shirin Golsalvez Thoms
External Examiner
DECLARATION
I the undersigned MANVI MAHESH BHAGANE here by, declare that the work
embodied in this project work title ACCOUNTING STANDARD forms my
owncontribution to the research work carried out under the guidance of Asst. Prof.
MS. URVASHI KHONA is a result of any bothers university for any other degree to
this or any other university.
Wherever reference has been made top previous works of others it has been
clearly indicated as such and included in the bibliography.
I, here by further declare that all information of this document has been obtained and
presented in accordance with academic rules and ethical conduct.
PLACE:
DATE:
Student Signature
MANVI MAHESH BHAGANE
ACKNOWLEDGEMENT
It gives me great pleasure to submit this project to the University of Mumbai as a part of
curriculum of my BMS course. I take this opportunity with great pleasure to present before
you this project on MANVI MAHESH BHAGANE which is a result of co-operation, hard
work and good wishes of many people.
No words can adequately express my sincere thanks to all those who have
helped me in making this project a success.
Also, I acknowledge my deep sense of gratitude towards my guide Asst. Professor
Ms. Urvashi Khona
I am grateful Dr. SHIRIN GONSALVEZ Principal of College & Asst. Prof. Mr.
Prasad Deshmukh
My debt to those who have helped me in one way or the other is heavy
indeed. I would like to appreciate contribution of my family and friends
who have extended their complete support in completion of this project.
Last but not the least; I am thankful to the Almighty for giving me strength, courage
and patience to complete this project.
MANVI MAHESH BHAGANE
INDEX
Particulars
Sr. No Page No
Introduction
1 1-2
Research Methodology
2 3-32
Literature Review
3 33-51
Conclusion
4 52
Bibliography
5 53