Assignment:
Topic: IFRS 7 Financial Instruments: Disclosures
Instructions:
· Visit the IFRS Website of International Financial Reporting Standards the material available for educational institutions.
· Select one of the IFRS standards read it thoroughly.
· Form a group of not more than 3 members and prepare presentation focussing on following points:
The Assignment should cover the following points:
1. What is the purpose of this standard?
2. Discuss the impact of this standard on Financial Statement of Companies.