Bangalore University B.com 5th Sem IFRS Solved & Important Questions Paper

Here you can find out Bangalore University 5th Semester B.Com INTERNATIONAL FINANCIAL REPORTING STANDARDS  Solved Question Paper of the From year 2019 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.

Download IFRS Study Material For March 2021 Exam 

Details of Question Paper

Download Bangalore University B.com 5th Sem INTERNATIONAL FINANCIAL REPORTING STANDARDS Solved Question Paper

Download Now  (2019) 

(Soon 2016-2018 Solved QP will be added)

Download IFRS 2 Marks Important Question Pdf

Important Question for BCU Mar 2021 Exam

IFRS 6 Marks Important Question

1. Advantage of IFRS

2.List of close number of the family as per IND-AS-24

3.List of any 9 IFRS Issued by IASB

4. Disclosures order Insurance Contract as per AS 104

5.List of International Financial Reporting Standards

6.Construction cost INDAS-11

7.Employer Benefit IND AS-19

8.IND AS-10

9.IND AS-34

10.IND AS-108

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IFRS 14 Marks Important Question

1. Disclosures of BPS  -INS-AS-33

2.Relevance and challenges in the implementation of convergence of IAS

3. Disclosures of operating segments AS-108

4.Needs and Objective of AS

5.State any Two IFRS /Advantage of IFRS

7. Requirements and Disclosures of BPS under AS 33

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Some Question and Answers

1.What is IFRS?
International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.

2.What is the IASB?
The IASB is an independent accounting standard-setting body, based in London. It consists of 15 members from nine countries, including the United States. The IASB began operations in 2001 when it succeeded the International Accounting Standards Committee. It is funded by contributions from major accounting firms, private financial institutions and industrial companies, central and development banks, national funding regimes, and other international and professional organizations throughout the world. While the AICPA was a founding member of the International Accounting Standards Committee, the IASB’s predecessor organization, it is not affiliated with the IASB. The IASB neither sponsors nor endorses the AICPA’s IFRS resources website (www.IFRS.com).

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