INTRODUCTION IFRS 2 is the accounting standard that explains how to deal with share based payments. Many companies offer shares, share options, or other equity related rewards to their employees and directors. These rewards help in motivating people and in…
Introduction of IFRS 1 International Accounting Standards IAS and International Financial Reporting Standards IFRS are important guidelines that help businesses prepare financial statements in a clear and consistent way. These standards make it easier for investors and professionals to compare…
IFRS SERIES Standard Full Name Short Definition / Objective Key Points / Recommendations IFRS 1 First-time Adoption of IFRS Provides guidance for companies adopting IFRS for the first time Focus on transitional adjustments and exemptions IFRS 2 Share-based Payment Recognizes…
Introduction In recent years climate change has become one of the most serious challenges faced by the world. Governments, businesses, and international organizations are working together to reduce the amount of greenhouse gases released into the atmosphere. One of the…
Introduction Animals play an important role in agriculture and are also treated as assets in accounting. Unlike buildings or machines, animals are living assets. They grow, reproduce, and change in value with time, which makes their accounting different. To deal…
Introduction Financial markets work properly only when investors and other stakeholders can trust the information they receive. If company reports are unclear or misleading, it leads to confusion, wrong decisions, and sometimes even crises. One of the key elements that…
INTRO Sustainability accounting is becoming one of the most important areas in the modern business world. Companies are no longer judged only by their profit or loss but also by the way they use resources and how they impact the…
Choosing the right professional accounting qualification can shape your career and future opportunities. Among the most respected global certifications are the ICAEW ACA also known as Associate Chartered Accountant and the CPA which stands for Certified Public Accountant. Both open…
Introduction: Why You Should Know About IFRS? If you are studying accounting, working in finance, or planning to become a professional like an ACCA, CA, or CPA — understanding IFRS is essential. These standards are the global language of business,…
📌 Introduction IFRS 9 is one of the most important accounting standards, especially for businesses dealing with financial assets like loans, bonds, or trade receivables. Introduced to replace IAS 39, IFRS 9 is widely used in sectors like banking, insurance,…
