Guidance documents provide instructions and suggestions for tasks related to a specific subject, often published by government entities or companies to comply with regulations. They typically include an introduction, chapters addressing key issues, Q&A section, and glossary of terms. They can be brief or complex and help companies avoid non-compliance and costly changes. A guidance […]
IFRS guidance can be obtained from international accounting firms, accounting organizations, and the International Accounting Standards Board. Public accounting firms are a common source of guidance, but it can be costly. Licensed accountants may seek guidance from the American Institute of Certified Public Accountants. The IASB is also a good source of guidance, but not […]
IFRS guidance is available from sources such as international public accounting firms, accounting organizations like AICPA, and the IASB. Companies new to IFRS or with technical questions can benefit from guidance, but it may not always be necessary. Public accounting firms are a common source, but costs can add up. Chartered accountants may need broader […]
