- "International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB)."
Standards that dictate how financial statements should be prepared and presented for companies and entities operating internationally.
Overview of International Accounting Standards: This topic provides an overview of the International Accounting Standards (IAS) and their significance in the global financial system. It also covers the evolution of IAS and its relationship with other international accounting frameworks.
IAS Standards: This topic provides an overview of the various IAS standards including their content and requirements. It also includes detailed discussions on specific standards such as IAS 1, 16, 36, etc.
Financial Reporting: This topic covers the basics of financial reporting including the accounting cycle, financial statements, and their relationship with IAS. It also covers the use of financial ratios and other tools for financial analysis and interpretation.
Accounting Policies and Procedures: This topic covers the creation, implementation, and maintenance of accounting policies and procedures that comply with IAS. It also covers the documentation and communication of accounting policies and their impact on financial reporting.
Corporate Governance: This topic covers the principles and practices of corporate governance including internal control systems, accountability, and transparency. It also covers the role of corporate governance in financial reporting and the impact of ethical issues and conflicts of interest.
International Taxation: This topic covers international tax laws and regulations including transfer pricing, foreign taxes, and tax treaties. It also covers the impact of international taxation on financial reporting and the strategies for tax planning and compliance.
International Financial Markets: This topic covers the various international financial markets including currency markets, capital markets, and futures markets. It also covers the role of financial markets in capital raising, risk management, and investment decisions.
International Business Transactions: This topic covers the various types of international business transactions including mergers and acquisitions, joint ventures, and alliances. It also covers the accounting and financial reporting implications of these transactions and the strategies for their evaluation and execution.
International Arbitration and Dispute Resolution: This topic covers the various international arbitration and dispute resolution mechanisms including negotiation, mediation, and arbitration. It also covers the impact of disputes on financial reporting and the strategies for dispute avoidance and resolution.
Cross-Cultural Communication and Negotiation: This topic covers the principles and practices of cross-cultural communication and negotiation. It also covers the impact of cultural differences on financial reporting and the strategies for managing cross-cultural communication and negotiation in international accounting settings.
International Financial Reporting Standards (IFRS): These accounting standards are developed and maintained by the International Accounting Standards Board (IASB) for companies that operate in more than one country. IFRS is widely used in the European Union, Asia-Pacific region, and other countries.
Generally Accepted Accounting Principles (GAAP): These accounting standards are developed and maintained by the Financial Accounting Standards Board (FASB) predominantly used in the United States. GAAP is a set of rules and guidelines for preparing financial statements.
International Public Sector Accounting Standards (IPSAS): These accounting standards are developed and maintained by the International Federation of Accountants (IFAC) for the public sector organizations such as government entities, non-profit organizations, and non-governmental organizations.
International Standards on Auditing (ISA): These accounting standards are developed and maintained by the International Auditing and Assurance Standards Board (IAASB) for the assurance of financial information.
International Standards on Review Engagement (ISRE): These accounting standards are developed and maintained by the International Auditing and Assurance Standards Board (IAASB) for the review of financial information.
International Standards on Assurance Engagements (ISAE): These accounting standards are developed and maintained by the International Auditing and Assurance Standards Board (IAASB) for the assurance of non-financial information.
International Valuation Standards (IVS): These accounting standards are developed and maintained by the International Valuation Standards Council (IVSC) for the valuation of assets and liabilities.
International Standards for Accounting Education and Training (ISART): These accounting standards are developed and maintained by the International Federation of Accountants (IFAC) for the education and training of accountants.
International Ethics Standards Board for Accountants (IESBA): These accounting standards are developed and maintained by the International Federation of Accountants (IFAC) for ethical standards for professional accountants.
International Integrated Reporting Council (IIRC): These accounting standards are developed to report a company's value creation, as well as their impact on the economy, society, and environment.
- "They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries."
- "They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries."
- "They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries."
- "They are particularly relevant for companies with shares or securities publicly listed."
- "International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB)."
- "IFRS have replaced many different national accounting standards around the world."
- "IFRS have not replaced the separate accounting standards in the United States where U.S. GAAP is applied."
- "They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries."
- "They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries."
- "They are particularly relevant for companies with shares or securities publicly listed."
- "International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB)."
- "International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB)."
- "IFRS have not replaced the separate accounting standards in the United States where U.S. GAAP is applied."
- "They are particularly relevant for companies with shares or securities publicly listed."
- "They constitute a standardised way of describing the company's financial performance and position."
- "They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries."
- "They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries."
- "IFRS have not replaced the separate accounting standards in the United States where U.S. GAAP is applied."
- "IFRS have not replaced the separate accounting standards in the United States where U.S. GAAP is applied."