SAT College

explain the role of IFRS interpretation committee ?​

Answers

Answer 1

Answer:

International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board.

Explanation:

The IFRS Interpretations Committee endeavours to reach a consensus on appropriate accounting treatment and provides authoritative guidance on the issue concerned. The interpretations issued by the committee are referred to as IFRIC Interpretations, taking their name from the previous name given to the committee, the International Financial Reporting Interpretations Committee (IFRIC).

:-befrank

Related Questions

what is the objective of financial report​

Answers

Answer:

The objective of financial reporting is to track, analyse and report your business income. The purpose of these reports is to examine resource usage, cash flow, business performance and the financial health of the business. This helps you and your investors make informed decisions about how to manage the business.

for each item below ,indicate to which category of elements of financial statement it belong ...................section break (continues..............."(a) retained earning ,(b) depreciation (c),dividends ,(d),sales ,(e) loss on sale of equipment ,(f) gain on sale of investment (g),share premium ,(h) interest paybale (i), issuance of ordinary shares .​

Answers

Answer:

collage right

Explanation:

what are the major financial statement ,and what is the difference between financial statement and financial reporting​

Answers

Answer:

I know what is the difference between financcial statement and financial reporting : Financial statements": balance sheet, income statement, statement of cash flows, and statement of changes in owners' or stockholders' equity. "Financial reporting": includes the basic financial statements and any other means of communicating financial and economic data to interested external parties.

what is digital wellbeing? ​

Answers

Answer:

Digital well being is a term used to describe the impact of technologies and digital services on people's mental, physical, social and emotional health.

what is meant by the term qualitative characteristics accounting information ?​

Answers

Explanation:

Qualitative characteristics are the tributes that make the information provided in financial statements useful to users. Accounting information that is reported to facilitate economic decisions should possess certain characteristics or normative standards.

7. According to the passage, during Peru's World Cup
qualifying match against Brazil, the narrator's family's
emotions turned from:
A. excitement into sadness.
B. resentment into reconciliation.
C. gloom into anger.
D. pity into embarrassment.

Answers

Answer:

I think it's c

Explanation:

I searched it up and that is the only one that's I feel is right

briefly describe the two fundamental qualities of useful accounting information ?​

Answers

Explanation:

Relevance and reliability are the two primary qualities that make accounting information useful for decision making.

Relevance: Relevant information is capable of making changes or differences in decision making by helping in forming predictions about the results of past, present, and upcoming events for correct expectations.

Accuracy: It depends on whether the information, numbers, and descriptions match what happened earlier and what exactly existed.

Other Questions
How do the stage directions add to the scene above?A. They show how the characters are dressed.B. They show how the characters are behaving.C. They show how the plot moves forward.D. They show the different settings of the play. Multiply. Write your answer in simplest form. 2 5/6x2/5 Which sentence is TRUE? A. You must accept ALL the aid in a financial aid offer. B. All of the aid listed in Offer #2 is free, meaning it does not need to be paid back. C. All universities use the same format for their financial aid offer. D. You can choose to accept some of the aid listed in the financial aid offer and decline some aid. Help pleaseeeeeeeeeeee When evaluating a source for its usefulness, a writer is trying to determine if the source:A) was published recently.B) is relevant to his purpose and message.C) presents information fairly and is unbiased.D) All of the choices are correct. Three playing cards in a row. Can you name them with these clues? There is a two to the right of a king. A diamond will be found to the left of a spade. An ace is to the left of a heart. A heart is to the left of a spade. Now, identify all three cards. Generally, the greatest lake effect snow fall will be on the ____ shore of the Great Lakes. Select one: a. northern b. southern c. eastern d. western Compose a four-stanza prayer to show your appreciation of God's gift to mankind-Mother Earth. The Texas House and Senate can override a governor's veto with a ________ vote.1.majority 2.three-fifths3.two-thirds4.four-fifths5.unanimous 3. What charts, tables, or drawings would clearly show what you have learned in this lab? lab of modeling water erosionEach chart, table, or drawing should have the following items:a. An appropriate titleb. Appropriate labels The population of birds on an island is estimated to increase by 10% every year.The population of birds on the island is 20000.Calculate an estimate for the population of birds in three years time.Pls give working out & ExplanationAnd also can anyone tell me how to answer someone question in Brainly. I am new here Harry is scuba diving off the coast of Australia. When he is ready to come back to the surface, he rises 12 meters at a safe speed. He climbs 15 centimeters every second. How many seconds will it take him to reach the surface? QUESTION 7Read the following sentence.Other plants, such as tomatoes, have been genetically altered in a similar fashion to remain trasher longerWhat is the denotative meaning of the word fashion as it is used in the sentence?a. a trendy styleb. a prevailing customca manner of doing somethingd. a particular kind of person or object Write a song using the title provided belowEatin Bananas on a Daily What determines whether atoms will form chemical bonds. What is a result of preventing spindle fibers from forming?. Eye color , hair color , and skin color often vary from person to person and even witch in family , one explanation is that 3. Which statement does not apply to Mac?a.b. He was in shock and tried to jump off the life raftHe was in shock and ate all the chocolate bars during the nightC. He was in shock and typically quiet except for screaming out at randommoments that they were going to die A 50 kg object moving at 15 m/s collides with another 50 kg object moving in the same direction at 10 m/s. If the collision is inelastic, what is the final velocity of the two objects after they combine? What are the y-intercept and the horizontal asymptote of g(x) = 4x + 3? (0, 3); y = 4 (0, 4) ; y = 3 (0, 5) ; y = 4 (0, 7) ; y = 3