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International Accounting Standards
07-09-2003, 10:46 PM
Post: #1
International Accounting Standards
has anybody seen any company claiming that they have complied with All International Accounting Standards?

I dont think so, bcaz every company writes in its Financial Statments "These Financial statements have been prepared in accordance with the provisions of Companies Ordinance 1984 and International Accounting Standards AS APPLICABLE IN PAKISTAN".

the day will come when every company will be writing like this"These financial statments.......................................................................​................................................................ and International Accounting Stds as applicable in 34-B, Stock Exchange Builiding, Near Tower, Karachi-74000" (its own address)

<img src=icon_smile_big.gif border=0 align=middle>

S.M.R.

Edited by - smraza on Jul 09 2003 54923 PM
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07-09-2003, 11:33 PM
Post: #2
 
Beware everybody (hatto bacho!)

International Financial Reporting Standards (IFRS) are coming!

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Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
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