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Why Companies Required to follow IAS(International Accounting Standards) and IFRS(International Financial Reporting Standards)?

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تم إضافة السؤال من قبل Waleed Ahmad Awan , Manager Accounts , Napollo Software Design LLC
تاريخ النشر: 2015/04/14
Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

In order to make the financial reports "standardized" around the globe, which makes the understanding, comparison and valuation of companies easier and realistic.

Anas  Dawah
من قبل Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

Because they are the framework that identify to us what transactions must be reported , when must be reported , and in which value . All companies must follow them , so they provide to us a uniform for any accounting treatment,

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