Cost benefit analysis of convergence with IFRS
Material type: Mixed materialsPublication details: 2013Description: 82-88Subject(s): NLM classification:- 658.1554
Item type | Current library | Call number | Vol info | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Periodicals/Magazines | SSCBS Library | 10/1 | Available | P14860 |
In the present era of globalization uniform accounting standards for global business are generally expected. The Internaional Accounting Standard Committee (IASC) is committed to fulfil this expectation by developing a single set of standards forreporting financial statement,i.e. IFRS. The benefits that would flow from convergance with IFRS would be the high degree of reliability, relevance and comparability of international financial information and unifromity in quality of fiancial reporting across national borders.
There are no comments on this title.