IFRS Standards

URI: https://gptkb.org/entity/IFRS_Standards

GPTKB entity

Statements (59)

Predicate	Object
gptkbp:instance_of	gptkb:standard
gptkbp:bfsLayer	4
gptkbp:bfsParent	gptkb:IFRS_10 gptkb:IFRS_11 gptkb:IFRS_13 gptkb:IFRS_4 gptkb:International_Accounting_Standards_Board
gptkbp:aims_to	gptkb:accountability comparability of financial statements provide transparency
gptkbp:approves	gptkb:2001
gptkbp:based_on	principles-based approach
gptkbp:developed_by	gptkb:International_Accounting_Standards_Board
gptkbp:enhances	financial statement comparability
gptkbp:facilitates	cross-border investment
https://www.w3.org/2000/01/rdf-schema#label	IFRS Standards
gptkbp:includes	gptkb:IFRS_1 gptkb:IFRS_2 gptkb:IFRS_3 gptkb:IFRS_15 gptkb:IFRS_16 gptkb:IFRS_9
gptkbp:is_adopted_by	gptkb:legislation gptkb:Australia gptkb:New_Zealand gptkb:South_Africa gptkb:Native_American_tribe over 140 countries multinational corporations
gptkbp:is_criticized_for	complexity lack of consistency implementation challenges
gptkbp:is_influenced_by	economic environment
gptkbp:is_part_of	global financial reporting framework
gptkbp:is_promoted_by	gptkb:International_Monetary_Fund gptkb:World_Bank gptkb:Financial_Stability_Board
gptkbp:is_related_to	financial reporting financial accounting audit practices
gptkbp:is_reviewed_by	gptkb:International_Financial_Reporting_Interpretations_Committee
gptkbp:is_subject_to	ongoing revisions
gptkbp:is_supported_by	gptkb:Company regulators accounting professionals
gptkbp:is_used_by	Publicly traded companies
gptkbp:is_used_for	consolidated financial statements individual financial statements
gptkbp:promotes	global accounting standards
gptkbp:provides_information_on	financial reporting financial statements disclosure requirements
gptkbp:replaced_by	IAS Standards
gptkbp:requires	fair value measurement many jurisdictions recognition of revenue presentation of financial position
gptkbp:updates	gptkb:International_Accounting_Standards_Board
gptkbp:volunteer_opportunities	some jurisdictions