Issues in Financial Reporting
Previous year question paper with solutions for Issues in Financial Reporting from 2018 to 2021
Our website provides solved previous year question paper for Issues in Financial Reporting from 2018 to 2021. Doing preparation from the previous year question paper helps you to get good marks in exams. From our IFR question paper bank, students can download solved previous year question paper. The solutions to these previous year question paper are very easy to understand.
Unit I
Financial reporting: Nature and Objectives, Benefits, Users of Financial Reports. GeneralPurpose and Specific Purpose Report. Qualitative Characteristics of Accounting Information.
Conceptual Framework of Financial Reporting: FASB and IASB
International Financial Reporting Standards (IFRS): Role of IASB, Arguments for Global Conversion. Achievements of IASB and Obstacles in Conversion. Required Disclosures as per IFRS.
Unit II
Issues in Corporate Financial Reporting - Accounting for Changing Price Level, Social Reporting, Human Resource Accounting. Indian Accounting Standard with reference to Segment Reporting, Interim Reporting, Leases and Intangible Assets.
Difference between IFRS and Indian Accounting Standards. US GAAP.
Recent Trends in Financial Reporting in the Indian context
PTU
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