International Standards of Accounting (ISA)

International Standards of Accounting (ISA) are guidelines developed to ensure that financial statements are prepared consistently and transparently across different countries. These standards help businesses report their financial performance and position in a way that is understandable and comparable for investors, regulators, and other stakeholders worldwide. By following ISA, companies can build trust with their audiences, as these standards promote accuracy and accountability in financial reporting, reducing the risk of misinterpretation or fraud in global markets.