International Journal of Transformation in Accounting, Auditing & Taxation (IJTAAT) has been conceptualized for effective dissemination and promulgation of original research in all fields of Accounting, Auditing and Taxation. Universal Accounting Standards (IAS) are more established accounting standards gave by the International Accounting Standards Board (IASB), a free global standard-setting body situated in London. The IAS were replaced in 2001 by International Financial Reporting Standards (IFRS).With a relentless pursuit of excellence, it aims at providing immaculate and superior research material, thus fostering the spirit of non-conformity, experimentation and de novo intellection among researchers in different parts of the world. IJTAAT strives ardently to present inceptive, innovative and invaluable research developments, both application oriented and theoretical, in all possible domains of Accounting, Auditing and Taxation to a broad audience of academic researchers and industry practitioners in all major faculties - research and development, management, strategic planning, purchasing, design & styling, marketing, human resources etc. Ingeniousness and research impaction are the main parameters for evaluation of theoretical papers. Applications based on advanced theory and case studies aid in bridging the gap between theory and practice, and are particularly welcome. General approaches, formalisms, algorithms or techniques should be complemented with lucid illustrations allowing easy comprehension and subsequent suitable applicability. Although the main emphasis of IJTAAT is on original research papers, theoretical and integrative review articles, book reviews, and high-quality position papers are also published to keep readers up-to-date on the latest ideas, designs, and developments in these allied fields. Special review articles will be granted consideration based on the stage of evolvement of their respective fields.