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As a Result of Sir Edmund Andros's Rule

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As a result of Sir Edmund Andros's rule  


Definitions:

IFRS for SMEs

A simplified, self-contained set of accounting principles intended for smaller, less complex entities, based on the full International Financial Reporting Standards (IFRS).

Full IFRS

The complete set of International Financial Reporting Standards that companies may be required to comply with.

Disclosed Basis of Accounting

Refers to a specific accounting practice that a company uses and discloses to its readers, offering clarity on how its financial statements are prepared.

IFRS

International Financial Reporting Standards are globally accepted principles for financial reporting to ensure transparency, accountability, and efficiency.

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