Study finds cultural background and translation influence the interpretation of IFRSs

Posted by on 24 November, 2015
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The Australian Accounting Standards Board (AASB) and the Korea Accounting Standards Board (KASB) will report on a joint research project on IFRS implementation at the seventh annual meeting of the AOSSG and the next ASAF meeting in December. The project explores how cultural background and translation affect the interpretation of the terms that are used in IFRS.

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