The easiest way to learn all Accounting Standards

The easiest way to learn all Accounting Standards
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A student who scores 90 plus marks till Standard XII and one who scores 80 plus marks in Accountancy till graduation; finds tough to clear very first paper of Accountancy with 60 plus marks in CA exams.
There might be many reasons for poor marks in Accountancy but the most important reason is: The students don’t find accounting standards as interesting one to understand. The reason: its technical language. 

Without knowing the practical application of the accounting standards; in forthcoming days it would be a very tough task to audit the books of account. When the treatment of accounting transactions are not according to the accounting standards as desired; the accounting results would be rejected by the owners as well as other stakeholders (including Income-Tax Department for tax purposes).
Now one can understand why a qualified member engaged in the profession is known as PRACTISING CHARTERED ACCOUNTAT because everyday he has to learn something new. 
The Most Important Point: To understand the practical treatment of accounting standards; one must refer NOTES ON ACCOUNTS very carefully.