International Financial Reporting Standards: Illustrative Interim Consolidated Financial Statements 2005 - For First-Time Adopters of IFRS

Topics:
Financial Statements,
GAAP,
GAAP and GAAS
Tags:
Finance,
Financial,
Financial Accounting,
Financial Statement,
Financial Statements,
Free Trade,
International Financial Reporting Standards
Source:
PricewaterhouseCoopers

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Overview: International Accounting Standards (IAS) 34, Interim Financial Reporting, allows entities preparing interim financial reports under International Financial Reporting Standards (IFRS) the choice of presenting full IFRS financial statements or condensed financial information. The report, for condensed financial information included in IAS 34, presumes that the reporting entity has published full annual IFRS financial statements for the previous year. It therefore sets out the minimum information to be presented in the condensed financial report with a focus on providing detailed information on changes since the last annual financial statements.

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Format: PDF | Size: 431KB | Date: Jun 2005 | Pages: 35


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