Accounting policy , Accounting Standards

Assignment Help:

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)."


Related Discussions:- Accounting policy

Net purchases, These comprise goods purchased only for production and selli...

These comprise goods purchased only for production and selling purposes. Goods utilized as assets and not for sale are not comprised in this head. Net purchase is the dissimilarity

Data attributes for every entity, Make a new information system for this co...

Make a new information system for this company. Your solution should contain the following items: 1.  An overview of the primary features of the new system, describing why this

Rohan., A firm of manufactures, whose books are closed on 31st December, pu...

A firm of manufactures, whose books are closed on 31st December, purchased machinery for Rs.50,000 on 15 January, 2010. Additional Machinery was acquired for Rs.10,000 on 1st July,

Linear programming, 3. Solve the following Linear Programming Problem usin...

3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

When do I have to book a multi-year pledge, Hi, I work at a non-profit tha...

Hi, I work at a non-profit that recently received a $250,000 stock donation which is payment for a $1M pledge. The donor has written in an e-mail that he would like to give us th

Standards at international level, Standards at International Level: In vie...

Standards at International Level: In view of the development of international trade and multinational enterprises, the requirement for standardization at the international level w

Accounting presentation, Hello, I have a presentation about an assigned ca...

Hello, I have a presentation about an assigned case study from the book and i also have the solution manual. I am extremely busy till the day of my presentation and my english lan

Financial executives institute, The Financial Executives Institute is an or...

The Financial Executives Institute is an organization established in 1931 whose members are mainly financial policy-making executives. Several of its members are chief financial of

Learning objectives of accounting, Q. Learning objectives of Accounting? ...

Q. Learning objectives of Accounting? Describe and identify the three basic forms of business organizations. differentiate between the three types of activities per

Explain the procedure followed in government system , Explain the procedure...

Explain the procedure followed in government system of accounting in india

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd