Financial Reporting

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Financial Reporting

Different Types of Financial Reports That a Business Ne...

Types of Financial Reports

There are several types of financial reports that provide an insight into the past, present and future financial status of your business. Every business ow...

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Financial Reporting

What are the Key Objectives of Financial Reporting of a...

Key Objectives of Financial Reporting

Every company has multiple departments having different functions for handling and achieving organisational goals. All the departments have their specific...

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Financial Reporting

Interim Financial Reporting: Advantages and Disadvantag...

Interim Financial Reporting

Interim Financial Reporting is a detailed financial report prepared by a company for measuring and evaluating the firm’s progress on a less than annual b...

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Financial Reporting

IFRS Standards

IFRS Standards

International Financial Reporting Standard lists are the guiding rules set for maintaining records and financial affairs of a business entity. IRFS Standar...

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Financial Reporting

Need of convergence of IAS with IFRS

Need of convergence of IAS with IFRS

Every country has its own set of accounting laws and regulations. However, due to globalisation in the previous few decades, as businesses began to go glob...

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Financial Reporting

Important Financial Deadlines you can’t afford to mis...

Financial Deadlines

If you are a taxpayer or an investor, then there are various deadlines that you cannot afford to miss. These deadlines range from filing belated income tax...

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Financial Reporting

Considerations in IFRS 2: Share-based payment transacti...

Share-based payment transactions

The International Financial Reporting Standard (IFRS 2) requires a company to record share-based payment transactions in its financial statements, which in...

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Financial Reporting

A Detailed Overview of IFRS 1

A detailed overview of IFRS 1

The IASB is in charge of establishing IFRS and approving interpretations of those standards. The International Financial Reporting Standards (IFRS) are des...

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