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IFRS Final Case Study and Exam

by Muhammad Taha Farooq | Apr 8, 2025 | Accounting & Finance, Educational, IFRS

Day 30: IFRS Final Case Study and Exam Introduction Welcome to the final day of our IFRS series! Today, we will solve a comprehensive case study that covers multiple IFRS standards and provide a self-assessment or mock exam to help you evaluate your understanding of...

IFRS Review and Practical Application

by Muhammad Taha Farooq | Apr 7, 2025 | Accounting & Finance, Educational, IFRS

Day 29: IFRS Review and Practical Application Introduction Over the past days, we have explored various International Financial Reporting Standards (IFRS) that are crucial for financial reporting and transparency. This final post will summarize the key concepts from...

IAS 24 Related Party Disclosures

by Muhammad Taha Farooq | Apr 6, 2025 | Accounting & Finance, Educational, IFRS

Day 28: IAS 24 – Related Party Disclosures Introduction International Accounting Standard (IAS) 24, “Related Party Disclosures,” provides guidance on the disclosure requirements for transactions and outstanding balances between related parties. The...