ابدأ بالتواصل مع الأشخاص وتبادل معارفك المهنية

أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.

متابعة

IFRS is considered to be more:

(a) principles-based and less rules-based than GAAP.

(b) rules-based and less principles-based than GAAP.

(c) detailed than GAAP.

(d) None of the above.

user-image
تم إضافة السؤال من قبل مستخدم محذوف‎
تاريخ النشر: 2015/11/28
Wasim khan wazir
من قبل Wasim khan wazir , Finance Specialist , Mott Macdonald

Option A. IFRS is more principle base....................

Zohair Haiderally
من قبل Zohair Haiderally , Vice President , Copal Amba (Moody's Analytics Company)

IFRS has moved on to be more principle based than rules based. GAAP on the other hand is very rules based. Given the principle based approach does bring in subjectivity but also at the same time it required disclosure. Eg: Determining pension benefit liability is a subjective item and assumptions are used on the discount rate used to arrive at the Fair value of defined benefit obligations. Disclosing this information, readers are able to make their own independent judgment on if the liability should be more or less as sensitivity and assumptions disclosure is required by IFRS.

Sohail Afzal Tarar
من قبل Sohail Afzal Tarar , Finance Manger , Alsheraa Food Company

(c) detailed than GAAP.....

Basit Shakoor
من قبل Basit Shakoor , Audit Supervisor , WTS Saudi Arabia

option a and option c are both

هيثم ناجى
من قبل هيثم ناجى , محاسب اول , الفيوم لصناعة السكر

ifrs is the international financial and reporting standard 

the fasb put it in order to all the world as standerd to make the different countries measures its creterions on it

then its more detailed than gaab

c is correct

المزيد من الأسئلة المماثلة