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EVENTS »

[26 May 2009 | No Comment | 1,742 views]

Dear members
This is just to inform you about an interesting IASC Foundation IFRS Conference in Seoul next July.
A special offer in case you register by 29th May 2009.
Kind Regards
Simone Salvi
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VIP Code: KM2187IFRS
IASC Foundation IFRS Conference Seoul
Wednesday 29 July 2009 and Thursday 30 July 2009
Millennium Seoul Hilton (Republic of Korea)
Download final programme: http://www.iascfconference.org/pdf.cfm?pdf=20-KM2186-en.pdf&location=2
Visit the website: http://www.iascfconference.org/page.cfm?pageID=1278
Register by 29 May & SAVE up to 450 US Dollars.
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Dear members,
I wanted you to be among the first to see the final programme for IASC Foundation IFRS Conference Seoul.
The IASC Foundation’s annual …

EVENTS »

[18 May 2009 | One Comment | 1,461 views]

Dear members
This is just to inform you about an interesting IASC Foundation IFRS Conference in Milan (Italy) next June.
A special offer in case you register by 22nd May 2009.
Kind Regards
Simone Salvi
—————————————————————————————————————–
VIP Code: KM2186IFRS
IASC Foundation IFRS Conference
Wednesday 24th June 2009 and Thursday 25th June 2009
Milan Marriott hotel (Italy)
Download program: http://www.iascfconference.org/IFRSList_com_Email_Milan_Brochure
Visit the website: http://www.iascfconference.org/IFRSList_com_Email_Milan_Homepage
Register by 22nd May & SAVE up to 300 Euros.
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Dear Members
You might remember the priority notification about the IASC Foundation IFRS Conference in Milan that I sent you a few weeks ago.
The …

IFRS »

[14 Dec 2008 | No Comment | 1,774 views]

What are the diferences between the two accounting policies?

IAS was in use before the introduction of IFRS. With effect from the introduction of IFRS, only IAS before the introduction of IFRS is stil in use. Any other international standard that will be issued will now be IFRS but not IAS.
 
Femi

In my view except the change in nomenaclature there is no much difference in the basic strategy of the standardization process. Ofcourse prior to 2001 (1973-2001) IAS International Accounting Standards were used to be issued by the IASC (International Accounting Standards Committee) and …

IFRS »

[28 Aug 2008 | No Comment | 4,182 views]

Hi everyone
I want to know the difference between IFRS and IAS.  As, there are IAS 1 to 41 standards already existing then why IFRS 1 to 8 was developed.
Secondly, are these two standards working parallel to each other or IAS is abondoned and now IFRS is working?
If someone could please guide me.Well I am “sorry” to ask a basis question from honourable members.
Sincerely,

Salman

See this link for the first question,

 http://en.wikipedia.org/wiki/International_Financial_Reporting_Standards
 
The second Q: yes they are parallel, as long as an IAS is not replaced by an IFRS it remains valid. Companies …