05-24-2010, 07:46 PM
Hi Danics
What do you mean by creating IFRS? I don't think that IFRS are created for specific companies. They are normally developed on country level or (in some cases) for specific industries. However, for that too...Accounting Standards or GAAP already in practice are selected and modified for specific needs.
Anyhow, iasplus.com is not an standard setting body. They only provide summary of IFRSs and IASs developed by IASB.
Please elaborate your question, if you still need further info.
What do you mean by creating IFRS? I don't think that IFRS are created for specific companies. They are normally developed on country level or (in some cases) for specific industries. However, for that too...Accounting Standards or GAAP already in practice are selected and modified for specific needs.
Anyhow, iasplus.com is not an standard setting body. They only provide summary of IFRSs and IASs developed by IASB.
Please elaborate your question, if you still need further info.
