In June 2003 the Board issued IFRS 1 First-time Adoption of International Financial Reporting Standards to replace SIC-8. IAS 1 Presentation of Financial Statements (as revised in 2007) amended the terminology used throughout IFRS Standards, including IFRS 1. The Board restructured IFRS 1 in November 2008. In December 2010 the Board amended

IFRS 1 requires an entity that is adopting IFRS Standards for the first time to prepare a complete set of financial statements covering its first IFRS reporting period and the preceding year. The entity uses the same accounting policies throughout …

IFRS 1 aims to ensure that an entity's first financial statements after adopting IFRS, and interim statements for partial periods under IFRS, will: be transparent and comparable; provide a "suitable starting point" for the entity's accounting under IFRS; and; have benefits that exceed the cost of preparation. [1]

IFRS 1, First-Time Adoption of International Financial Reporting Standards, is the standard applied during preparation of a company’s first financial statements under IFRS Accounting Standards. IFRS 1 was created to help companies transition to IFRS Accounting Standards and provides practical accommodations intended to make first-time ...

A comprehensive source of global accounting news and resources, featuring an extensive collection of information about International Financial Reporting Standards (IFRS), the International Accounting Standards Board (IASB), and …

IFRS 1 should be read in the context of its objective and the Basis for Conclusions, the Preface to IFRS Standards and the Conceptual Framework for Financial Reporting. IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.

Dec 28, 2024 · IFRS 1 quy định các thủ tục mà một đơn vị cần phải tuân thủ khi lập Báo cáo tài chính theo IFRS lần đầu tiên. Báo cáo tài chính theo IFRS lần đầu tiên cần bao gồm một bộ Báo cáo tài chính cho kỳ đầu tiên áp dụng và cả năm liền trước đó.

1．本准则适用于根据国际会计准则编报的所有通用财务报表的列报。 2．通用财务报表，指意在满足那些不能要求报告符合其特定信息需求的使用者需要的那类财务报表。

ifrs 1 簡覽 目的 確保企業之首份IFRSs 財務報表及其期間內所涵蓋部分期間之期中財務報告，具備高品質資 訊，該資訊：

IFRS 1 applies to any interim financial statements for a period covered by those first financial statements that are prepared under IFRSs. Select IFRS accounting policies using either: ‒IFRSs that are currently effective; or ‒One or more IFRSs that are not yet effective, if those new IFRS permit early adoption.