Quality certification should be either from a product certification body as per applicable international standard (ISO Guide 65/ISO 17065) by an accreditation body which is a signatory to the Mutual Recognition Arrangement of the International Accreditation Forum (IAF); or certification for each consignment from an inspection body which is duly accredited as per ISO:17020.
Financial Accounting is now a days a very deep rooted subject. It has only two wheels – Debit and Credit. The whole system of accounting is completely rested on these two wheels. It has got such a scope these days that even it is impossible to imagine our economy without the use of financial accounting. From Petty Pan Shop to a billionaire company needs accounting. The accountants do play a vital role in maintaining and reporting the accounting system.