IAS 1 effect on UK STEAM financial reporting

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IAS 1 effect on UK STEAM financial reporting

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05-18-2008, 07:20 AM

shafi00in

Junior Member

shafi00in is offline

Join Date: May 2008

Location: london

Posts: 3

IAS 1 effect on UK STEAM financial reporting

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hello to everyone,

I wonder whether the changes of IAS 1 will effect the June exams of financial reporting for those who are taking F7 UK steam.

If it is going to effect like 'balance sheet' will be named 'statement of financial position', then why BPP and FTC are selling books that states valid for DEC 2007 and JUNE 2008 EXAMS.

Isn't that is misleading.

Any help will be appreciated, as I am doing revision based on previous terminology and dont wan't last minute changes.

Thanks in advance.
and GOOD LUCK for upcoming exams.

shafi

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