Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What are the advantages an entity could gain by adopting International Reporting Standards for its financial reporting purposes?

Financial Reporting
user-image
Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/01/29
Upvote (0) Views (1) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Mohamed Rahid
by Mohamed Rahid , Supervisor, Financial Services Audit , KPMG

Following points could lead to an advantage to an entity by adopting IFRS

 

> International recognition on financial reporting and presentation

> In  line with the global reporting standards

> Would be able to impress stakeholders

 

Write Your Answer
More Questions Like This