The Road to IFRS – A Practical Guide to IFRS 1 and First-Time Adoption

IFRS 1 covers the application of IFRSs in a company’s first IFRS financial statements. This Grant Thornton report summaries the main principles of IFRS 1and discusses more practical issues when a company first applying IFRS.
 
Inside:
  • IFRS 1 principles in brief

 

  • Opening statement of financial position

 

  • Exemptions from full retrospective application

 

  • Presentation and disclosure 

 

 

 

Download Now

Read more on

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern