IAS and IFRS Code

This topic has 3 replies, 2 voices, and was last updated 4 years ago by Stephen Widberg.

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August 9, 2021 at 3:55 pm #630903
zheran
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Hi,
May I ask a question about the IAS and IFRS code?
Do I need to memorize all the No. and its corresponding name for all the standards? Such IAS 1: Presentation of Financial statements
IAS 2: Inventories
Best regards,
Zheran
August 10, 2021 at 8:36 am #630994
Stephen Widberg
Keymaster
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Definitely not. No marks for standard numbers.
And no marks for standard names.
But lots of marks for knowing the rules in the standards.
August 10, 2021 at 1:57 pm #631052
zheran
Member
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Thank you!!!!
August 11, 2021 at 8:53 am #631160
Stephen Widberg
Keymaster
- Topics: 17
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My pleasure
My 2 golden rules:
1. Don’t quote standard numbers
2. don’t quote journals unless they ask for them
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