A Look at IFRS Key Points
{"Image DocumentName": "A Look at IFRS Key Points", "Image ImageDescription": "Once a company decides to convert to IFRS, it must decide on the transition date and the reporting date. The transition date is the beginning of the earliest period for which full comparative IFRS information is presented. The reporting date is the closing balance sheet date for the first IFRS financial statements. Upon first-time adoption of IFRS, a company must present at least one year of comparative information under IFRS. LO 4 Compare the procedures for accounting information systems under GAAP and IFRS.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}