Category Archives: IFRS

This IFRS was issued in May 2011. It applied to all periods beginning on or after 1 Jan 2013. IFRS 10 outlines the requirements of for preparation and presentation of consolidated financial statements, generally requiring entities to consolidate investees that it controls. Establishment of control is prime requirement before proceeding with application for the provisionsContinue reading “IFRS-10-Consolidated Financial Statements”