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How does IFRS adoption impact on ratio calculations?

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تم إضافة السؤال من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
تاريخ النشر: 2015/05/19
Zahid Farooq
من قبل Zahid Farooq , Taxation and Accounting Director , BMS Auditing

The adoption of International Financial Reporting Standards by various jurisdictions around the world is viewed with mixed reactions. The impact of IFRS adoption varies from industry to industry and country to country. In case of the calculation of the financial ratios, there will be a positive impact in term of the standardization of the ratios calculated from the standardized financial information of all the companies in every sector globally.

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