IFRS Interpretations Committee and Proof of concept: Difference between pages

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The body of the International Accounting Standards Board (IASB) which interprets the application of IASs and IFRSs and provides guidance on financial reporting issues not specifically addressed in IASs and IFRSs.
''Product and software development''.


''Previously known as the International Financial Reporting Interpretations Committee (IFRIC).''
(POC).


Proof of concept is the stage in product or software development in which it is established that the solution will function as intended.


== See also ==


* [[Financial Reporting Standard]]  (FRS)
<span style="color:#4B0082">'''''Banks well advanced in DLT applications'''''</span>
* [[Generally accepted accounting principles]]  (GAAP)
* [[IFRS Foundation]]
* [[International Accounting Standards Board]]  (IASB)
* [[International GAAP]]
* [[International Accounting Standards]]  (IAS)
* [[International Financial Reporting Interpretations Committee]]
* [[International Financial Reporting Standards]]  (IFRS)


[[Category:Accounting,_tax_and_regulation]]
:"Mark Williamson, global COO of FX cash trading and risk management at HSBC, said that 90% of banks are now at proof-of-concept stage for distributed ledger technology (DLT) applications, with HSBC having settled billions of dollars of internal FX transactions on a DLT solution since February 2018."
 
:''The Treasurer magazine, December 2018 / January 2019, p12''
 
 
==See also==
*[[COO]]
*[[Distributed ledger]]
*[[Ideation]]
*[[Research & development]]
 
[[Category:The_business_context]]
[[Category:Technology]]

Revision as of 13:24, 2 April 2019

Product and software development.

(POC).

Proof of concept is the stage in product or software development in which it is established that the solution will function as intended.


Banks well advanced in DLT applications

"Mark Williamson, global COO of FX cash trading and risk management at HSBC, said that 90% of banks are now at proof-of-concept stage for distributed ledger technology (DLT) applications, with HSBC having settled billions of dollars of internal FX transactions on a DLT solution since February 2018."
The Treasurer magazine, December 2018 / January 2019, p12


See also