Milner Library is pleased to offer access to Accounting Research Manager (ARM), an online database of Accounting / Auditing literature and expert interpretative guidance. The ARM is primarily organized into divisions that represent the professional bodies that comprise the standards-setting foundation of the field.
This page is devoted to Accounting standards material; the second page (click on tab above) is devoted to Auditing materials.
This is truly a "one-stop" source for fundamental Accounting / Auditing standards research material. Please keep in mind that this is a paid subscription that allows for only 2-concurrent users. We urge you to please remember to logout when you are finished with your research.
Accounting standards are methodologies and disclosure requirements for the preparation and presentation of financial statements.
Context: Accounting standards are usually developed within the institutional and professional framework of a country, and promulgated by regulatory or professional accountancy bodies. Standards can also be backed by ethical standards issued by an accountancy body that provide for professional sanctions against members in the event of non-compliance. Accounting standards may also be developed in harmony with, or as an adaptation of, an internationally recognized set of benchmark standards such as International Accounting Standards (as promulgated by the International Accounting Standards Committee), or the U.S. GAAP (General Accepted Accounting Principles as promulgated by the Financial Accounting Standards Board in the United States of America).
Source: OECD Glossary of Statistical Terms