07-02-2009, 01:08 AM
Dear IFRS are primiraly for listed and multinational huge companies. In pak most of the companies are either small or medium.For these ICAP has issued standards for small and medium sized entities. These standards are available at icap website.
and i quoted the definition of small company from fifth schedule of the companies ordinance 1984 which dominates over ias in pakistan.
Anyhow if some one else is uptodate with these, then plz reply.
and i quoted the definition of small company from fifth schedule of the companies ordinance 1984 which dominates over ias in pakistan.
Anyhow if some one else is uptodate with these, then plz reply.
