Amendments to IAS 1 and IAS
Amendments to IAS 1 and IAS 8 On 12 February 2021, the International Accounting Standards Board (IASB) published Amendments to IAS 8 Definition of Accounting…
Category: IFRS
ACCOUNTING PERSPECTIVE – Principle vs Rule
ACCOUNTING PERSPECTIVE – Principle vs Rule Accounting Principle and Accounting Rules – A Comparison Accounting is recording and making sense of monetary transactions. Humans might…
What All You Know About IFRS?
What All You Know About IFRS? The finance and accounting profession is emerging as a fast growing profession. In this globalized era, National General Accepted…
Services: E-Learning Platform, IFRS Awareness Program, Corporate (Training and consultancy)
Introduction Dr. Jasmine Kaur is an educationist, motivational speaker and author, working as an IFRS Trainer and mentor. She has taken part in multiple research…
How Artificial Intelligence can enhance IFRS learning pro
What is Artificial Intelligence (AI)? According to B.J Copeland, Professor of Philosophy and Director of the Turing Archive for the History of Computing, University of…
Depreciation and Impairment: Understanding their relation dynamics in IFRS
1. What is IFRS?: The International Financial Reporting Standards (IFRS for short) are a set of international accounting standards that establish how particular types of…
Choosing the right Accounting policy: What does this mean in IFRS?
What are accounting Policies? Accounting policies refer to specific principles or rules that are applied to a transaction, event or operation when organizing and presenting…
IFRS: A boon for CA Students and Accounting Graduates
1. Introduction to IFRS: IFRS knows as International Financial Reporting Standards are a set of accounting rules and regulations that are set by the IFRS…
While travelling in an airline
IFRS 16: Lease Accounting While travelling in an airline, I wondered if that aircraft was ever on the airline’s balance sheet? The reason behind such…
Understanding International Financial Reporting Standards
IFRS stands for International Financial Reporting Standards and it is a set of principles and rules for reporting various transactions and items in the financial statements. Earlier…
