ifrsa and budgeting
This query is : Resolved
06 August 2010
what is the impact of ifrs on budgeting process.
is there any significant impact on budgeting?
plz give me details ?
is there any significant impact on budgeting?
plz give me details ?
06 August 2010
The effect of IFRS on Budgeting is NIL.
IFRS aims towards current valuation of business.
Hence there would be no effect on Budgeting.
The requirement of funds would not change due to change in accounting methods.
IFRS aims towards current valuation of business.
Hence there would be no effect on Budgeting.
The requirement of funds would not change due to change in accounting methods.
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