What are the objectives and scope of all the IFRS standards
INTERNATIONAL FINANCIAL REPORTING STANDARDS
IFRS are the accounting standards issued by the IFRS FOUNDATION with INTERNATIONAL ACCOUNTING STANDARD BOARD.IFRS provide a systematic or a standardized way to describing company financial documents.IFRS help to unique form of financial reporting.IFRS implement a coordination between country borders.
OBJECTIVES OF INTERNATIONAL FINANCIAL REPORTING STANDARDS
1.to implement an Uniformity on reporting
2.to High quality of financial reporting
3.to develop transparent and comparable information in financial reporting
SCOPE OF INTERNATIONAL FINANCIAL REPORTING STANDARDS
1.IFRS Apply to the general purpose financial statements and other financial reporting by profit oriented financial entities and non-profit financial entities also use IFRS for the uniform financial reports
2.IFRS is the benchmark on financial reporting and it provide uniformity in Financial reporting across the globe
state the objectives and scope for each of the 45 IFRS standards
What are the objectives and scope of all the standards
The what are objectives and the scope of IFRS 1 to IFRS 40
what are the objectives and scope of IFRS 2, IFRS 3 and IFRS 4
LIST ALL THE 45 IFRS STANDARDS AND EXPLAIN ITS SCOPE
LIST ALL THE 45 IFRS STANDARDS AND GIVE THE IT OBJECTIVES
state the objectives for each of the IFRS standards
DEFINE AND STATE THE OBJECTIVE AND SCOPE OF THE EACH OF THE IFRS STANDARDS
STATE THE SCOPE AND OBJECTIVE OF EACH OF THE 45 IFRS STANDARDS
DEFINE AND STATE THE OBJECTIVE AND SCOPE OF THE EACH OF THE 45 IFRS STANDARDS