Preparing Consolidated Financial Statements in Accordance with IFRS

S.A. Issakova, A.Sh. Moldabekova, M.T. Kenzhebayeva, V.N. Аlibekova, G.T. Tuleyeva
European Research Studies Journal, Volume XX, Issue 3A, 458-469, 2017
EOI: 10.11214/thalassinos.20.04.030

Abstract:

The article considers specifics of preparation of consolidated financial statements in Kazakhstan companies in accordance with international financial reporting standards.This article considers the features of the preparation of consolidated financial statements in Kazakhstani organizations in accordance with international financial reporting standards that are necessary to provide accurate and fair information on the economic activities of the Group. The IFRS reporting ensures more accurate assessment of the financial status of the company, its changes, the results of the Group's performance, as well as it enables a greater independence of decision-making.


Cite Article (APA Style)