Accounting research bulletin (ARB) were published firstly in 1953 by American Institute of Public Accountants (AICPA) . For publishing this bulletins, AICPA made the committee on accounting procedure .There are following importance of this accounting research bulletins (ARB)
1. This bulletins is full source of education of accounting procedures for Certified Professional accountants of USA.
2. Securities and exchange commission made it compulsory to use for corporational decisions.
3. Because in this bulletin, almost all interpretations of accounting procedure were included so, it has become conceptual foundation for all standard setting activities.
1. This bulletins is full source of education of accounting procedures for Certified Professional accountants of USA.
2. Securities and exchange commission made it compulsory to use for corporational decisions.
3. Because in this bulletin, almost all interpretations of accounting procedure were included so, it has become conceptual foundation for all standard setting activities.
