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Financial Accounting

C/F/617. Objectives of Financial Statements and International Financial Reporting Standards

WORDS:
3050
DATE:
2009
PRICE:
39.99 GBP

The paper looks at the objectives of financial statements explaining the aim of financial reporting, the difference in financial reporting from country to country, and the importance of harmonizing accounting methods due to the increase in global trade. The need for uniform international financial reporting standards (IFRS) is highlighted.

 

KEYWORDS: International Financial Reporting Standards, IFRS, International Accounting Standards, IAS, Financial statements,

Other Papers On: Financial Accounting