IFRS for Non-UK Companies (IFRS)

IFRS - International version assists experienced accountants in determining whether financial statements comply with the disclosure requirements of:

• International Financial Reporting Standards (IFRSs) issued by the International Accounting Standards Board (IASB);
• International Accounting Standards (IASs) issued by the International Accounting Standards Committee (IASC) and adopted by the IASB; and
• Interpretations issued by International Financial Reporting Interpretations Committee (IFRIC) and its predecessor body, the Standing Interpretations Committee (SIC)

IFRSs, IASs, IFRICs, and SICs are referred to collectively in this Checklist as IFRSs.

Please be aware that this Checklist does not cover the recognition, measurement and presentation requirements of IFRSs, although references to these aspects of standards are made where it is considered relevant.

Note: This Checklist should generally only be used for accounting periods beginning on or after 1 January 2005.  Where the financial statements are for a period beginning before this date, the Checklist should only be used if the entity is voluntarily adopting all versions of international standards issued by 31 March 2004 as part of its stable platform program.

The comprehensive checklist is designed such that the first section is a tailoring section. The user's answers to the tailoring questions will impact the disclosures identified as applicable to the financial statements in the detailed disclosure requirements section of the Checklist, consequently eliminating irrelevant disclosure requirements.  For example, if the user specifies that the entity does not have intangible assets in its financial statements, the user will not be prompted with the disclosure requirements applicable to intangible assets.

Pentana offer a 30 day money back guarantee on our checklists.