IFRS Webinar Examines Comparability
The International Financial Reporting Standards (IFRS) Foundation has published a webinar on improving the comparability of international financial reporting.
Standards aim to promote accountability, transparency and efficiency in financial markets around the world – and one key way they do that is through facilitating the comparison of reports. Comparable financial reporting leads to better analysis of investment opportunities and a more truly transparent reporting environment.
The webinar discusses the IFRS perspective on comparability, including research into the impact of accounting diversity between countries and companies. Consistency is essential for comparability – both between entities and over time – and IFRS research discussed in the webinar has examined the impact of policy choices on consistency and comparability. The webinar also features research into the relationship between compliance and comparability.
Watch the webinar here.
