Categories » Accounting

• Introduction to International Financial Reporting Standard 5

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) and their successors, International Financial Reporting Standards (IFRS), for accounting periods starting on or after 1^st January 2005 at the latest. Companies should be preparing for transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  IFRS are the successors to IAS. Any new standard released by the International Accounting Standards Boards (IASB) will be released as an IFRS. Any revisions to existing IAS will still be referred to as IAS. Both acronyms (IAS and IFRS) will run in parallel until all IAS are superseded by IFRS.

  Be the first to comment | November 2004

• Introduction to Financial Reporting Standards 3 and 4

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) and their successors, International Financial Reporting Standards (IFRS), for accounting periods starting on or after 1^st January 2005 at the latest. Companies should be preparing for transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  Be the first to comment | October 2004

• Introduction to Financial Reporting Standards 1 and 2

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) and their successors, International Financial Reporting Standards (IFRS), for accounting periods starting on or after 1^st January 2005 at the latest. Companies should be preparing for transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  Be the first to comment | September 2004

• Introduction to International Accounting Standards 40 & 41

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) and their successors, International Financial Reporting Standards (IFRS), for accounting periods starting on or after 1st January 2005 at the latest. Companies need to start to prepare for the transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  Be the first to comment | July 2004

• Introduction to International Accounting Standards 38 and 39

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) and their successors, International Financial Reporting Standards (IFRS), for accounting periods starting on or after 1st January 2005 at the latest. Companies need to start to prepare for the transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  Be the first to comment | June 2004

• Introduction to International Accounting Standards 36 and 37

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) for accounting periods starting on or after 1^st January 2005 at the latest. Companies need to start to prepare for the transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  Be the first to comment | May 2004

• Introduction to International Accounting Standards 33 and 34

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) for accounting periods starting on or after 1^st January 2005, at the latest. They should start to prepare for the transition now. Most will use comparative figures from 2004 when preparing 2005 accounts. The impact of the new standards on business needs to be understood and systems put in place to capture the required data.

  Be the first to comment | April 2004

• Introduction to International Accounting Standards 31 & 32

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) for accounting periods starting on or after 1^st January 2005 at the latest. Companies need to start to prepare for the transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  Be the first to comment | March 2004

• Introduction to International Accounting Standards 29 & 30

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) for accounting periods starting on or after 1^st January 2005 at the latest. Companies need to start to prepare for the transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. Companies need to understand the impact of the new standards on their businesses and ensure that systems are put in place to capture the required data.

  Be the first to comment | February 2004

• Introduction to International Accounting Standards 27 & 28

  All EU companies, listed on a regulated market, will have to prepare consolidated accounts in accordance with International Accounting Standards (IAS) for accounting periods starting on or after 1^st January 2005 at the latest. Companies need to start to prepare for the transition now. Most companies will use comparative figures from 2004 when preparing 2005 accounts. So there is a need to understand the impact and ensure that systems are put in place to capture any data that will be required.

  Be the first to comment | January 2004