What is the Bangladesh standard on Audit(BSA-300) ? Describes in details

Applicable Accounting standard for preparation of Financial Statements The applicable accounting standard for the preparation of financial statements depends on the jurisdiction and the reporting framework being used. There are several sets of accounting standards followed globally, with the most widely used being: International Financial Reporting Standards (IFRS): IFRS is a set of accounting standards developed and maintained by the International Accounting Standards Board (IASB). It is used in many countries around the world, including the European Union and numerous other countries that have adopted or converged with IFRS. Generally Accepted Accounting Principles (GAAP): GAAP is a set of accounting principles, standards, and procedures used in the United States. It is issued by the Financial Accounting Standards Board (FASB) and is applicable to companies registered with the Securities and Exchange Commission (SEC). Generally Accepted Accounting Practice (GAAP): GAAP is the set of accounting standards and principles followed in the United Kingdom. It is issued by the Financial Reporting Council (FRC) and provides guidance for the preparation of financial statements in the UK. Other national accounting standards: Many countries have their own national accounting standards that are used for financial reporting. Examples include the Canadian Generally Accepted Accounting Principles (GAAP), the Australian Accounting Standards, and the Indian Accounting Standards. It's important to note that there may be some variations or modifications in the application of these standards in different jurisdictions. Additionally, specific industries or sectors may have their own accounting standards or industry-specific guidance that companies need to consider when preparing financial statements.
The following IASs and IFRSs are applicable for preparation and reporting of the Financial Statements for the year under review:
IAS - 1	Presentation of Financial Statements
IAS- 2	Inventories
IAS - 7	Statement of Cash Flows
IAS - 8	Accounting Policies, Changes in Accounting Estimates and Errors
IAS - 10	Events after the Reporting Period
IAS - 12	IncomeTaxes
IAS - 1	Property, PlantandEquipment
IAS - 19	EmployeeBenefits
IAS - 21	The Effects of Changes in Foreign Exchange Rates
IAS - 23	Borrowing Costs
IAS - 24	Related Party Disclosures
IAS - 37	Provisions, Contingent Liabilities and Contingent Assets
IAS - 39	Financial Instruments: Recognition and Measurement
IAS - 40	Investment Property
IFR - 7	Financial Instruments: Disclosures
IFRS - 9	Financial Instruments
IFRS - 15	Revenue from contracts with customers
IFRS - 16	Leases