Accounting policy , Accounting Standards

As of 2005, consolidated financial statements of listed companies in the European Union are required to be prepared in accordance with IFRSs.

Complete the following accounting policy note on the use of IFRSs in the financial statements of a company listed on a stock exchange within the European Union:

"The consolidated financial statements of Company X plc have been prepared in accordance with International Financial Reporting Standards (IFRSs).

International Financial Reporting Standards comprise standards and interpretations approved by the International Accounting Standards Board (IASB)."

Posted Date: 3/15/2013 2:52:43 AM | Location : United States







Related Discussions:- Accounting policy , Assignment Help, Ask Question on Accounting policy , Get Answer, Expert's Help, Accounting policy Discussions

Write discussion on Accounting policy
Your posts are moderated
Related Questions
It is generally taken to include currency or legal tender, cheques or any other document which circulates as cash. It is generally classified like a current asset while it is acces

explain how accounting information may be used when an owner wants to justify a price in one of their lines of house paint

QUESTION An important function of Environmental Accounting is to bring environmental costs to the attention of corporate stakeholders who may be motivated to identify ways of r

Q. Financial consequences of business decisions? When nowadays college students are polled about their long-term career choice an astonishingly large number respond that they w

Comprising examined the conceptual origin of the balance sheet we will here try to study the balance sheet by itself. We have observed that every transaction influences the financi

are exploration costs assets to Mining companies?

Consisting mainly of accounting educators the American Accounting Association (AAA) has sought to encourage research and study at a theoretical level into the concepts or standards

The book of Deven Verma could not be tallied. The accountant transferred the difference of Rs. 1,270 in the suspense account on the debit side. The following mistakes were found la

What kinds of risks does a firm like Amazon.com face with respect to safeguarding its assets? What types of controls do you think it already has in place to minimize these risks? G

To finish this scenario, use the Confidence Interval Calculator Sheets 1,2,3 and the Area Gas Prices - Random Sample Excel file, linked in the Resources. The Minneapolis Star Tr