Examlex
The 'backing off the fast track' phenomenon includes all of the following,except:
IFRS Accounting Policies
The specific principles, bases, conventions, rules, and practices applied by an entity in preparing and presenting financial statements under International Financial Reporting Standards.
Opening Balance Sheet
A financial statement that shows a company's assets, liabilities, and equity at the beginning of an accounting period.
Convergence Projects
Initiatives aimed at harmonizing different sets of accounting standards and practices across various jurisdictions.
Revenue Recognition
The accounting principle that dictates the specific conditions under which revenue is recognized or accounted for.
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