Question
IPSAS Description IAS/IFRS Description 1 Presentation of Financial Statements 2 Cash Flow Statements 12 Inventories 17 Property, Plant & Equipment 33 First-time adoption of Accrual
| IPSAS | Description | IAS/IFRS | Description |
| 1 | Presentation of Financial Statements | ||
| 2 | Cash Flow Statements | ||
| 12 | Inventories | ||
| 17 | Property, Plant & Equipment | ||
| 33 | First-time adoption of Accrual Basis IPSASs |
Identify/find the corresponding IAS/IFRSs for the IPSASs listed in the table above, then write on at least 3 similarities and 3 differences between the respective standards.
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
