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Hello Sirs
May I know any difference among IAS, FRS and IFRS application?
Please advise which websites to seek the International Accounting Standards Framework for F7 International version for my study, understanding and preparation for exam 2013. Thank youHi
Rather than go trawling through websites, may I suggest that you look at the F7 exams since December 2007 inclusive and, in particular, at the questions 4 in those exams.
The course notes on OT will give you an overall view of the framework, its contents and its role in accounting but you’ll find that the examiner has now started to ask for the second time the elements of the framework
IAS and IFRS are, so far as an International student is concerned, effectively the same thing and IAS will be replaced over a period of time as successive IFRSs replace and revise them
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