Mumtaj Khatun’s Post

IFRS promotes consistency and comparability in financial reporting across countries, industries, and organizations. Our course content is based on  ACCA guidelines.  #meritphase #onlinecertification #trainingprogram #AssistantAccountant #FinanceAssistant #FinanceManager #AccountingManager #BankingandFinance #saudiarabia #Oman #meritphase #ifrs https://lnkd.in/dGuA5MPp

IFRS promotes consistency and comparability in financial reporting across countries, industries, and organizations. Our course content is based on  ACCA guidelines.  #meritphase #onlinecertification #trainingprogram #AssistantAccountant #FinanceAssistant #FinanceManager #AccountingManager #BankingandFinance #saudiarabia #Oman #meritphase #ifrs https://lnkd.in/dGuA5MPp

The International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB). These standards aim to unify and standardize financial statements of companies across countries, enhancing transparency and comparability among global companies. IFRS are widely used in many countries to provide consistent and reliable financial reporting.

🌍 Simplify Financial Reporting with IFRS At GAC Global Consulting, we help businesses navigate the complexities of financial reporting with International Financial Reporting Standards (IFRS). By adhering to IFRS, your business ensures transparency, accuracy, and comparability across global markets. 💡 What IFRS Offers: ✅ International – A global standard for accounting practices. ✅ Financial – Focuses on money, assets, debts, and economic resources. ✅ Reporting – Provides transparent and accurate financial reporting guidelines. ✅ Standard – Developed by IASB to ensure uniformity and comparability. Let us guide your business toward compliance and global recognition. Partner with GAC Global Consulting to ensure your financial reports meet international standards. 🌐 Learn more: https://lnkd.in/e_czP_i5 📞 Send us your query: https://wa.me/966544790551 #IFRS #FinancialReporting #GlobalStandards #GACGlobalConsulting #Transparency #SaudiArabia #Riyadh #BusinessGrowth

The International Accounting Standards Board (IASB) issued IFRS 18, which introduces significant updates to the structure and classification of financial information. Effective for annual reporting periods starting on or after 1 January 2027, the standard requires retrospective application, with early adoption permitted. Our concise report highlights the key changes, new disclosure requirements, and practical guidance to help organisations prepare. Access the full report here: https://lnkd.in/g-hcUuxr or connect with our IFRS experts for tailored support here: https://lnkd.in/gQF5DNvt #Finance #Accounting #IFRS18 #Standards #GTKSAInsights #KSA #SaudiArabia #IASB

IFRS promotes consistency and comparability in financial reporting across countries, industries, and organizations. Our course content is based on  ACCA guidelines. #onlinecertification #trainingprogram #AssistantAccountant #FinanceAssistant #FinanceManager #AccountingManager #BankingandFinance #saudiarabia #Oman #meritphase #ifrs

📊 Do you have lease transactions and report them using IFRS 16? Or perhaps you audit the reported information or use it to make investing or financing decisions? 👉 If so, this post is for you! A few years after a new IFRS Accounting Standard is issued, the IASB reviews whether the costs and benefits of applying the new requirements are aligned with expectations. 🔍 The IASB is now reviewing IFRS 16 to check if it is working as expected when it was issued in 2016 (IFRS 16 became effective in 2019). Where are we now? Last week, my colleagues Tim Craig, Raf Markowski, FCCA and Megumi Makino heard views of national accounting standard-setters from Africa, the Americas, Asia-Oceania, and Europe. They provided a truly global 🌍 perspective on the implementation and ongoing application of IFRS 16. 📅 In the coming months, we’ll continue engaging with the IASB’s consultative groups and other stakeholders to gather insights and identify key matters to include in the upcoming Request for Information—set to be published mid-2025. 🔗 Follow the project here [https://lnkd.in/dvVCWmiJ] to stay updated. Let’s shape the future of financial reporting together!

IFRS promotes consistency and comparability in financial reporting across countries, industries, and organizations. Our course content is based on  ACCA guidelines.  #onlinecertification #trainingprogram #AssistantAccountant #FinanceAssistant #FinanceManager #AccountingManager #BankingandFinance #saudiarabia #Oman #meritphase #ifrs

IFRS promotes consistency and comparability in financial reporting across countries, industries, and organizations. Our course content is based on  ACCA guidelines.  #onlinecertification #trainingprogram #AssistantAccountant #FinanceAssistant #FinanceManager #AccountingManager #BankingandFinance #saudiarabia #Oman #meritphase #ifrs

The International Accounting Standards Board (IASB) completed its work to improve the usefulness of information presented and disclosed in financial statements. The new Standard, IFRS 18 Presentation and Disclosure in Financial Statements, will give investors more transparent and comparable information about companies’ financial performance, thereby enabling better investment decisions. It will affect all companies using IFRS Accounting Standards. https://lnkd.in/eyXqJmEb