he book has vividly described the modern accounting concepts, postulates, theories and principles, statements and institutions prescribed curricula of different universities Bangladesh. In addition with these, some more basic and fundamental issues have been brought into discussion. Since every subject has own philosophy, philosophy of accounting has been discussed in little bit detail. Most important to note, with every content discussion, Islamic relevance has been added to examine greater understanding of the subject over the students. At the end of the discussion, ethics of Islamic auditing has been added. It has shown how Muslim administration has relied upon maintaining strong appliance rules and ethics management economy.