Question and answer
What is the main function of the financial reporting interpretations committee?
Financial accounting reports to the public in financial statements according to GAAP standards while managerial accounting is used inside the company for strategic purposes.
Expert answered|ttcany|Points 937|
Question
Asked 1/8/2010 9:20:49 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
what is the main function of the reporting interpretations committe?
Question
Not Answered
Updated 2/16/2010 2:53:12 PM
1 Answer/Comment
The International Financial Reporting Interpretations Committee interprets the application of International Financial Reporting Standards (IFRSs) and provides timely guidance on financial reporting issues not specifically addressed in IFRSs or IASs, in the context of the IASB's framework, and undertakes other tasks at the request of the Board. IFRIC publishes draft Interpretations for public comment and considers comments made before finalising an Interpretation. When the IFRIC has reached a consensus on a final Interpretation, the Interpretation is submitted to the IASB Board for approval.
Added 2/16/2010 2:53:12 PM
19,786,983 questions answered
Popular Conversations
Find the product. (0.5n 5)2(10n 7) 3
Weegy: Is there a second part to this question? such as C= 0.25n User: Find the product. (y 2)5 · y 8 Weegy: IF ...
3/4/2015 10:51:00 AM| 3 Answers
Who, whom, whose, which, and that are used to introduce dependent ...
Weegy: Earthen- resembling earth. User: What question does the adverb clause answer? I'll agree to your proposal ...
3/4/2015 4:24:41 PM| 3 Answers
Pakistan’s economy is _______________ dominant. ...
Weegy: Pakistan’s economy is _______________ dominant. MANUFACTURING
3/4/2015 3:52:35 AM| 2 Answers
Which sentence uses epigraph correctly? My father always signs his ...
Weegy: your answer is b.Several downtown buildings have been marred with a racist epigraph. Anything else? User: ...
3/4/2015 8:20:11 AM| 2 Answers
Which word is a synonym for secret? ...
3/4/2015 8:48:42 AM| 2 Answers
80, 90, 85, 95, 90, 100, 95, 105, __, ___, ___
Weegy: e the next three numbers in the sequence is 100, 110 and 105. [smile] User: 5 - 6 - 8 = Weegy: 3-3 = 0 ...
3/4/2015 9:00:09 AM| 2 Answers
Find the product. (-4·3·2)2 User: Find the product. (n 3)2 · (n ...
Weegy: that is a factor what you need to know? User: Find the product. (n ^3)^2 · (n^ 5)^4
3/4/2015 10:31:32 AM| 2 Answers
10^6
Weegy: 2 * 10 = 20 User: (100)6
3/4/2015 10:43:28 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 293 [Total 8179]| Ratings 0| Comments 293| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 84 [Total 7391]| Ratings 0| Comments 84| Invitations 0|Offline
S
1
Points 75 [Total 986]| Ratings 1| Comments 65| Invitations 0|Offline
S
1
L
L
Points 69 [Total 7570]| Ratings 0| Comments 69| Invitations 0|Offline
S
Points 46 [Total 551]| Ratings 2| Comments 26| Invitations 0|Offline
S
Points 22 [Total 390]| Ratings 0| Comments 22| Invitations 0|Offline
S
Points 17 [Total 108]| Ratings 0| Comments 17| Invitations 0|Offline
S
Points 12 [Total 12]| Ratings 0| Comments 12| Invitations 0|Offline
S
Points 11 [Total 127]| Ratings 1| Comments 1| Invitations 0|Online
S
Points 10 [Total 10]| Ratings 1| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.