REGULATORY FRAMEWORK

Regulatory Framework



Regulatory Framework

Introduction

The international financial reporting standards are a set of rules or laws that establish the information to be presented in the financial statements and how that information should appear in those states. They are not physical or natural laws awaiting their discovery, but rather that man rules, according their business experiences, continues to believe that this is true of importance considered in the presentation of financial information. They are high quality accounting standards, oriented investor, whose aim is to reflect the economic substance of business operations, and present to its stakeholders and other people who are involved in the ...