The IFRS-7 Financial instrument was implemented in India as per the notification by ministry of corporate affairs with the name of Ind. AS-108. The IFRS has a long history of implementation in various part of the world. This paper will discuss the both type of disclosure required as IFRS-...
Define GAAP/IFRS. means in relation only to the Borrower, the Guarantors or any member of the Group that is not incorporated in the UK, generally accepted accounting principles in that person’s jurisdiction of incorporation, or, in each case, if IFRS ha
Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S. a. Does convergence property imply that a measure of dispersion of ...
(SEC) went into effect and eliminated the need for US-listed foreign companies who prepare financial statements in accordance with IASB-IFRS (International Financial Reporting Standards as issued by the International Accounting Standards Board) to reconcile their financial statements to US-GAAP (US ...
treatment of interest accrued in the financial statements, and seek to address the question of whether the finance costs, in particular the accrued finance costs, at the reporting date should be included as part of the finance lease creditor or as a separate liability (part of accrued expenses)...