Our Recommendations :-
Follow IFRS FB Page

 Effective dates and Transition for IFRS 7 exam

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 PRACHEETI asked about 1 year ago

What is Effective dates and Transition for IFRS 7 exam ?

    0       0 Answer Now Comment Report
1 Answers
Important Note – Preparing for IFRS?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Soundray Kumar answered about 1 year ago

  • An entity shall apply this IFRS for annual periods beginning on or after 1 January 2007. Earlier application is encouraged. If an entity applies this IFRS for an earlier period, it shall disclose that fact.
  •  If an entity applies this IFRS for annual periods beginning before 1 January 2006, it need not present comparative information for the disclosures required about the nature and extent of risks arising from financial instruments.

For more details you can view   here.

    0       0 Comment Report
Get Notifications
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.