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About Overview of IFRS For Micro Finance Reporting Discussion July 2009
This document discusses the applicability of International Financial Reporting Standards (IFRS) to microfinance institutions (MFIs). While IFRS are generally intended for publicly traded companies and publicly accountable organizations, MFIs increasingly take on public characteristics through their various funding sources. The document considers whether IFRS reporting could be encouraged as a best practice for MFIs. It also discusses the IFRS for Small and Medium Enterprises, which may provide a more appropriate framework for unregulated or non-governmental MFIs. Finally, it reviews several key IFRS standards and their potential relevance to microfinance reporting.
Detailed Information
Author: | ['FinancialServices'] |
---|---|
Publication Year: | 2010 |
Pages: | 14 |
Language: | English |
Format: | |
Price: | FREE |
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