Statement Of Cash Flows

IFRS – IAS 7: Statement of cash flows The International Accounting Standards Committee (IASC) released International Accounting Standard 7 (IAS 7) to address the topic of the Statement of Cash Flows. The way in which the statement of cash flows is presented is...

Events After The Reporting Period

IFRS – IAS 10: Events after the reporting period The International Accounting Standards Committee (IASC) released International Accounting Standard 10 (IAS 10) to address the topic of events which happen after the reporting period but before the financial...

Construction Contracts

IFRS – IAS 11: Construction contracts The International Accounting Standards Committee (IASC) released International Accounting Standard 11 (IAS 11) to address the topic of construction contracts. As construction contracts are often long term in nature, they...

Income Taxes

IFRS – IAS 12: Income taxes The International Accounting Standards Committee (IASC) released International Accounting Standard 12 (IAS 12) to address the topic of Income Taxes and how they should be treated in the financial statements. As matters of income tax can...