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About this document

IFRS Implementation and Key Concepts by Sharan Reddy is a document available to read on EtoBox.

The document provides details on various accounting concepts and standards: 1) It defines accounting standards as principles that establish the basis for financial accounting policies and practices. It also discusses non-current assets, subsidiaries, related party disclosures, and events after the reporting period. 2) It lists 9 International Financial Reporting Standards issued by IASB and the types of close family members as defined in Ind AS-24. 3) It provides calculations for the initial cost of a

Author
Sharan Reddy
Language
EN