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IFRIC

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IFRICInternational Financial Reporting Interpretations Committee
IFRICInternational Financial Reporting Issues Committee


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EXECUTIVE SUMMARY * IFRIC is the interpretative body of the International Accounting Standards Board (IASB) that reviews newly identified financial reporting issues not specifically addressed in IFRS or issues where unsatisfactory or conflicting interpretations have developed, or seem likely to develop, with a goal to reach a consensus on the appropriate treatment.
GGICO's real estate development division recognised revenues by adopting the new IFRIC 15 standard.
GGICO's Real Estate development division recognized revenues by adopting the new IFRIC 15 standard.
 
 
 
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