Instructions:· Visit Website of International Financial Reporting Standards the material available for educational institutions. https://www.ifrs.org/· Select one of the IFRS standards read it thor

Instructions:

· Visit Website of International Financial Reporting Standards the material available for educational institutions. 

https://www.ifrs.org/

· Select one of the IFRS standards read it thoroughly. 

· Form a group of not more than 3 members and prepare presentation focussing on following points: 

The Assignment should cover the following points:

1. What is the purpose of this standard?

2. Discuss the impact of this standard on Financial Statement of Companies.

We already choise IFRS 7 Financial Instruments: Disclosures

https://www.ifrs.org/issued-standards/list-of-standards/ifrs-7-financial-instruments-disclosures/