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What is the purpose of the given standard

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Reference no: EM132134157

Question: Instructions: - Visit Website of International Financial Reporting Standards the material available for educational institutions.

- Select one of the IFRS standards read it thoroughly.

- Form a group of not more than 3 members and prepare presentation focussing on following points:

The Assignment should cover the following points:

1. What is the purpose of this standard?

2. Discuss the impact of this standard on Financial Statement of Companies.

We already choise IFRS 7 Financial Instruments: Disclosures

Reference no: EM132134157

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