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  2. International Financial Reporting Standards - Wikipedia

    en.wikipedia.org/wiki/International_Financial...

    t. e. International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). [ 1] They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable ...

  3. List of International Financial Reporting Standards - Wikipedia

    en.wikipedia.org/wiki/List_of_International...

    Statement of Changes in Financial Position (1977) Cash Flow Statements (1992) Statement of Cash Flows (2007) 1977. January 1, 1979. IAS 8. Unusual and Prior Period Items and Changes in Accounting Policies (1978) Net Profit or Loss for the Period, Fundamental Errors and Changes in Accounting Policies (1993)

  4. International Accounting Standards Committee - Wikipedia

    en.wikipedia.org/wiki/International_Accounting...

    The International Accounting Standards Committee ( IASC) was founded in June 1973 in London at the initiative of Sir Henry Benson, former president of the Institute of Chartered Accountants in England and Wales. The IASC was created by national accountancy bodies from a number of countries with a view to harmonizing the international diversity ...

  5. IAS 7 - Wikipedia

    en.wikipedia.org/wiki/IAS_7

    International Accounting Standard 7: Statement of Cash Flows or IAS 7 is an accounting standard that establishes standards for cash flow reporting used in International Financial Reporting Standards . A statement of cash flows for the periods, is an integral "Component of financial statements" as per IAS 1 — Presentation of Financial Statements .

  6. XBRL - Wikipedia

    en.wikipedia.org/wiki/XBRL

    XBRL ( eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information. XBRL allows the expression of semantics commonly required in business reporting. The standard was originally based on XML, but now additionally supports reports in JSON and CSV formats, as well as the original XML-based ...

  7. Ashok Khemka - Wikipedia

    en.wikipedia.org/wiki/Ashok_Khemka

    Ashok Khemka (अशोक खेमका) is an Indian civil service bureaucrat. He is an Indian Administrative Service (IAS) officer from the 1991. He is best known for canceling the mutation of an illegal land deal in Gurgaon involving Sonia Gandhi 's son-in-law, Robert Vadra 's. [ 1][ 2][ 3] As of January 2023, he has been transferred 55 ...

  8. IAS 2 - Wikipedia

    en.wikipedia.org/wiki/IAS_2

    Overview. IAS 2 defines inventories as assets which are: in the form of materials or supplies to be consumed in the production or rendering of services. IAS 2 requires that those assets that are considered inventory should be recorded at the lower of cost or net realisable value. Cost not only includes the purchase cost but also the conversion ...

  9. Cash flow statement - Wikipedia

    en.wikipedia.org/wiki/Cash_flow_statement

    t. e. In financial accounting, a cash flow statement, also known as statement of cash flows, [ 1] is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities. Essentially, the cash flow statement is concerned ...

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