Basis and International Accounting Standards: Difference between pages

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imported>Doug Williamson
m (Add headers.)
 
imported>Doug Williamson
(Clarify relationship between IAS and IFRS.)
 
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1. ''Maths.''
(IAS).  


The method or convention under which a value or price has been calculated.
The name formerly used for International Financial Reporting Standards (IFRS).
Older individual international accounting standards still in issue are still referred to individually as IAS.


Sometimes known as the ''base''.
The term IAS is also still sometimes used collectively to refer to IFRS and IAS currently in issue.
 
 
2. ''Risk.''
 
Basis risk.
 
 
3. ''Futures markets.''
 
In futures markets, the price differential between the price of the asset underlying the futures contract and the price of the futures contract.




== See also ==
== See also ==
* [[Accruals basis]]
* [[Accounting standards]]
* [[Base]]
* [[IAS]]
* [[Basis risk]]
* [[International Financial Reporting Standards]]
* [[Futures]]
* [[Primary statements]]


[[Category:The_business_context]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]

Revision as of 18:24, 24 July 2014

(IAS).

The name formerly used for International Financial Reporting Standards (IFRS). Older individual international accounting standards still in issue are still referred to individually as IAS.

The term IAS is also still sometimes used collectively to refer to IFRS and IAS currently in issue.


See also