Search the repository Help

A- | A+ | Print
Query: search in
search in
search in
search in
* old and bolonia study programme


1 - 1 / 1
First pagePrevious page1Next pageLast page
The evolution of financial standards for small and medium-sized entities
Mateja Jerman, Gordana Ivankovič, 2011, original scientific article

Abstract: According to the growing need for more comparable accounting standards, the beginnings of International Financial Reporting Standards for small and medium sized entities (IFRS for SMEs) can be found in the year 2004. IFRS for SMEs represents for the first time an accounting standard for small and medium-sized companies that can be used globally. The paper aims to examine the historical development of IFRS, the principal institutions linked to their adoption and the harmonization process of standards within the European Union. The main contribution of the paper refers to the evolution of IFRS for SMEs and the main differences between the full IFRS in use and the IFRS for SMEs. The results of the comparative analysis demonstrate that several differences exist between them. Although the aim of the new standard is to assure comparable financial statements for small and medium-sized entities, the presented disadvantages demonstrate that not necessarily its implementation will assure more benefits than the cost that will occur.
Found in: ključnih besedah
Summary of found: ... finančno poročanje, računovodstvo, standardi, mednarodni računovodski standardi, mala...
Keywords: finančno poročanje, računovodstvo, standardi, mednarodni računovodski standardi, mala podjetja, srednje velika podjetja
Published: 15.10.2013; Views: 1441; Downloads: 23
URL Full text (0,00 KB)
This document has more files! More...

Search done in 0 sec.
Back to top
Logos of partners University of Maribor University of Ljubljana University of Primorska University of Nova Gorica