Proper accounting rules (GAAP) are bookkeeping norms gave by public administrative bodies. Moreover, the International Accounting Standards Board (IASB) issues the International Financial Reporting Standards (IFRS) carried out by 147 countries.[1] Standards for worldwide review and confirmation, morals, training, and public area bookkeeping are good to go by free standard settings sheets upheld by IFAC. The International Auditing and Assurance Standards Board sets worldwide norms for reviewing, confirmation, and quality control; the International Ethics Standards Board for Accountants (IESBA) [51] sets the universally fitting standards based Code of Ethics for Professional Accountants; the International Accounting Education Standards Board (IAESB) sets proficient bookkeeping instruction standards;[52] and International Public Sector Accounting Standards Board (IPSASB) sets gathering based global public area bookkeeping guidelines [53]