State of IFRS in Namibia. (Presentation).

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Date

2009

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Abstract

The study looked at the following research problems: That IFRS is not appropriate for small national economies and small entities; That IFRS is an expensive venture especially for small entities and for local entities; That IFRS makes no value addition, but is only for general-purpose financial statements. The objectives of the research were to establish: The reasons for non-adoption or compliance; The technical problems with IFRS adoption or compliance; The benefits of IFRS, if any.

Description

Presentation made at the IFRS Namibia Workshop, 2009, Windhoek Namibia.

Keywords

International Financial Reporting Standards Workshop, 2009, Windhoek, IFRS Workshop, 2009, Windhoek, Financial reporting standards - Namibia

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