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About IFRS With Sameera

Primary objective is sharing knowledge in related to IFRS

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What is IFRS?
International Financial Reporting Standards (IFRS) are principles-based accounting standards and interpretations set out by the International Accounting Standards Board (IASB).

IFRSs are applied by many countries around the world. The aim of IFRS is to provide a global framework for how listed entities prepare their financial statements.

Worldwide adoption of the standards should improve the quality of financial reporting information. It should benefit users of financial statements, by reducing the costs of comparing alternative investments and improving the quality of financial reporting. It should also benefit companies, as investors are more willing to provide financing.

IFRS is particularly beneficial to large companies that have subsidiaries in different countries. Adopting a single set of global standards simplifies financial reporting, allowing management to use one reporting framework across the whole group.

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Item Reviews - 8

Anynomous

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25 Best Workplaces in Sri Lanka 2018 as recognized by Great Place to Work Institute.

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22 July 2018

Anynomous

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Happy CA Day 🙏🙂

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01 July 2018

Anynomous

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IFRS 15-5 STEP MODEL

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22 April 2018

Anynomous

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Mr Dhammika Perera’s 10 rules of success

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03 March 2018

Anynomous

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Satyam case: Sebi bans PwC entities from auditing listed firms for two years

The order comes nine years after the scam at Satyam Computer Services came to light and after two failed attempts by PwC to settle the case through the consent mechanism.

Finding PwC guilty in the Satyam scam, India’s capital markets regulator on Wednesday barred its network entities from issuing audit certificates to any listed company in India for two years.

...Continue Reading "

16 January 2018

Anynomous

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Thank you 1000 Likes 😀😀😀😀

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17 December 2017

Anynomous

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Ronnie’s insights on professionals, managers and leaders

Ronnie Peiris is someone with the ability to move around with kings and still not lose touch with the common man. An Executive Director on the Board of John Keells Holdings PLC (JKH) as its Group Finance Director, he is also a Director of several listed and non-listed companies. A very senior corporate executive and a financial stalwart par excellence, Ronnie has over 45 years of finance and general management experien...

Continue Reading "

23 November 2017

Anynomous

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Someone asked me, Why you feel proud of being a CA/CA student 👍 I smiled and told him that A lawyer's income increases with increase in crime and litigation; A doctor's income increases with increase in diseases; but... A CA's income increases with increase in prosperity of people and nation Hence, CA's always wish for the prosperity of people and Nation. Happy Chartered Accountant's Day

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01 July 2017

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