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International Accounting standards

Nige10 · 2008-03-12 23:37:35

Hi all, Im sitting paper P2 in the June exams. I was wondering whats the difference between the Irish variant and the international variant? Is it due to Ireland using uk standards (FRS) where as there are different standards set Internationally(IFRS)?

12-03-2008 11:37pm

#1

Nige10

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Join Date: March 2008

Posts: 8

Hi all,

Im sitting paper P2 in the June exams. I was wondering whats the difference between the Irish variant and the international variant?

Is it due to Ireland using uk standards (FRS) where as there are different standards set Internationally(IFRS)?

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Comments

#2 13-03-2008 9:09pm

Redsoxfan

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I don't understand your question-all listed Irish companies must report under IFRS.

There are many differences between FRSs and IFRSs-too many to go into in a single thread to be honest.

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#3 13-03-2008 11:17pm

Nige10

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Join Date: March 2008

Posts: 8

On checking the Irish variant paper from December, it seems that FRS are asked where as in the International variant paper IFRS are asked.

I was wondering is the only differnce in the 2 variants

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